Temu accuses fast-fashion leader Shein of bullying suppliers
It alleged that Shein forced clothing manufacturers into supply arrangements that excluded Temu. Read more at straitstimes.com.
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It alleged that Shein forced clothing manufacturers into supply arrangements that excluded Temu. Read more at straitstimes.com.
'We believe this lawsuit is without merit and we will vigorously defend ourselves,' a Shein spokesperson said in an email statement.
Temu is suing Shein in the US for making merchants sign exclusive agreements
(Bloomberg) -- Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats and intimidation to block clothing manufacturers from working with the fast-rising upstart.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carl