Shein and Temu Adjust Pricing Strategies
Shein and Temu are set to increase their prices as new tariffs on cheap imports come into effect. This price adjustment will impact various products including apparel, footwear, and accessories. Starting on April 25th, customers can expect to see these price changes reflected in their purchases.
This decision comes as the companies navigate the complexities of the import market. With lower tariff rates on cheap imports, both brands find it necessary to adjust their pricing structures. This move aims to balance the cost of goods while maintaining quality for their customers.
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