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Shein’s lead under fire; Chinese-owned app Temu tops US charts

It took Shein a decade to catch up to Inditex SA’s Zara as the world’s top fast-fashion retailer. Now, a new online upstart wants to surpass Shein — at least on one important measure — within a year. Temu, a shopping platform owned by Chinese ecommerce heavyweight PDD Holdings Inc., set a lofty sales target for its […]

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