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As of October 2020, Shein was the world's largest online-only fashion firm. [11] Shein was noted for being an early adopter of TikTok as a promotional tool, and the firm's ability to advertise viral items boosted its popularity. [5] By November 2021, Shein grew from a company valued at $15 billion to one valued at $30 billion. [11]
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Shein sued Temu in Illinois federal court in December, alleging that the latter had enlisted online influencers “to make false and deceptive statements” about Shein to promote its own goods.
After disputed score on floor exercise triggered series of conflicting rulings, Court of Arbitration for Sport won't reconsider decision on Chiles.
Chinese fast-fashion retailer Shein has been hit with a lawsuit by rival Temu, alleging the company has engaged in aggressive an unlawful tactics to try and thwart the competition.
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