Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s

July 31, 2025

Pi Network price prediction for August 2025 – Can it reverse 75% losses? 

July 31, 2025

No Fed Action in Key Market Week; Mortgage Rates Flatten

July 30, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Thursday, July 31
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Economic News»Shein, Temu and the parcel wars
Economic News

Shein, Temu and the parcel wars

July 4, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

European and American retailers are keeping a close eye on the emerging competition from online Chinese marketplaces offering ultra low-price clothing and homeware. Shein, known for its “fast fashion,” is quickly gaining ground on traditional clothing brands like Zara and H&M. Temu, a platform selling a wide range of discounted products, gained visibility through Super Bowl ads and effective marketing strategies on platforms like TikTok. The success of these Chinese companies is attributed to their efficient supply chains and direct-to-consumer shipping model that helps them avoid customs duties.

The EU, US, and UK have de minimis rules in place, setting thresholds for imported items to be exempt from duties. However, there are growing concerns about the impact of these rules on domestic retailers and the potential risks associated with products entering the market without thorough scrutiny. The European Commission and American politicians are considering revising these thresholds to address these issues and ensure fair competition and product safety standards.

While the success of Shein and Temu in offering affordable products is commendable, there are ethical considerations regarding product safety and labor practices. Recent reports have raised concerns about the quality and safety of products sold on these platforms. It is essential for authorities to hold these companies accountable and enforce regulations to protect consumers from potentially harmful products.

Proposals to tighten de minimis allowances may have unintended consequences, affecting consumers, small businesses, and trade relationships. Instead, authorities should focus on implementing measures that hold platforms accountable for the products sold on their websites and ensure compliance with quality and safety standards.

As Chinese ecommerce giants look to expand into western markets, it is crucial for them to adhere to ethical standards and regulations. Authorities should work towards establishing a framework that promotes responsible business practices and safeguards consumer interests.

Ultimately, the goal is to strike a balance between promoting fair competition, protecting consumers, and supporting trade relationships in a rapidly evolving global marketplace.

parcel Shein Temu Wars
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Iran Plans To Abandon GPS & Replace With China’s BeiDou System

July 30, 2025

US GDP Jumps To 3.0% In Second Quarter, Trouncing Estimates And Reversing Q1 Contraction

July 30, 2025

Delusional Seattle Democrats Blame Trump While Ignoring Their Role In Homelessness Crisis

July 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

EU leaders seek united response to Donald Trump’s tariffs

April 6, 20250 Views

An unwavering commitment to protecting Americans’ property rights

November 29, 20240 Views

UK government borrowings costs surge ahead of rival countries

August 31, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Crypto

Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s

July 31, 20250
Crypto

Pi Network price prediction for August 2025 – Can it reverse 75% losses? 

July 31, 20250
Personal Finance

No Fed Action in Key Market Week; Mortgage Rates Flatten

July 30, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.