• Amazon vs Temu/Shein

    From Retrograde@21:1/5 to All on Fri Mar 22 16:31:55 2024
    From the «Amazon is already basically a Chinese marketplace» department: Feed: WSJ US
    Title: Amazon's New Focus: Fending Off Rivals Temu and Shein
    Date: Thu, 21 Mar 2024 16:48:00 -0400
    Link: https://www.wsj.com/articles/amazons-new-focus-fending-off-rivals-temu-and-shein-5c6ac205?mod=rss_Technology

    The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon’s central competitive focus.

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  • From JAB@21:1/5 to All on Fri Mar 22 22:27:40 2024
    On 22 Mar 2024 16:31:55 GMT, Retrograde <fungus@amongus.com.invalid>
    wrote:

    Title: Amazon's New Focus: Fending Off Rivals Temu and Shein

    What France's crackdown on Shein and Temu means for global ultra-fast
    fashion

    France's fast fashion bill takes aim at retail behemoths lawmakers
    argue damage the environment, hurt the economy and feed impulse
    buyers.
    ...
    ...
    ...
    Fast fashion is widely considered low-quality apparel. It is produced
    rapidly to follow current trends in the industry and sold at
    rock-bottom prices. Fast fashion allows cost-conscious consumers to
    regularly update and expand their wardrobes with knockoff en vogue
    styles, and although the monetary cost is low, experts say both
    textile factory workers and the earth's environment are paying the -
    hefty - price.

    "It's important when the price conversation comes up for people to
    realize that the price of fast fashion is being kept artificially
    low," said Emily Stochl, the vice president of advocacy and community engagement at Remake, a sustainable fashion nonprofit organisation.

    https://www.bbc.com/worklife/article/20240320-france-bill-crackdown-ultra-fast-fashion-shein-temu

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