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Low-cost E-commerce Rivals Shein and Temu Shelve US Court Cases

A model presents a creation by Indonesian fashion brand Artkea Stripes x IKYK during the Jakarta Fashion Week 2024 in Jakarta, Indonesia, 26 October 2023. The fashion event runs from 23 to 29 October 2023. EPA/ADI WEDA
A model presents a creation by Indonesian fashion brand Artkea Stripes x IKYK during the Jakarta Fashion Week 2024 in Jakarta, Indonesia, 26 October 2023. The fashion event runs from 23 to 29 October 2023. EPA/ADI WEDA
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Low-cost E-commerce Rivals Shein and Temu Shelve US Court Cases

A model presents a creation by Indonesian fashion brand Artkea Stripes x IKYK during the Jakarta Fashion Week 2024 in Jakarta, Indonesia, 26 October 2023. The fashion event runs from 23 to 29 October 2023. EPA/ADI WEDA
A model presents a creation by Indonesian fashion brand Artkea Stripes x IKYK during the Jakarta Fashion Week 2024 in Jakarta, Indonesia, 26 October 2023. The fashion event runs from 23 to 29 October 2023. EPA/ADI WEDA

Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the US, documents show, marking a truce even as a global market share battle between the low-price online platforms heats up.
Joint declarations were filed to courts in Chicago and Boston by lawyers representing the companies and their subsidiaries, requesting that two legal cases be dismissed "without prejudice" by their judges, Reuters reported.
The filings did not contain details on why they had decided to drop their complaints or whether any settlement had been made. Neither firm immediately responded to a request for comment on the filings on Friday.
Shein's lawsuit against Temu, filed last December in the US District Court for the Northern District of Illinois, alleged that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
In July, Temu filed its own lawsuit in Boston federal court, accusing Shein of violating US antitrust law in its dealings with clothing manufacturers.
Temu's complaint alleged Shein "forces manufacturers to sign loyalty oaths certifying that they will not do business with Temu."
In previous statements, both firms denied any wrongdoing in the cases.
The two companies have shaken up the global retailing landscape with an ultra-fast fashion, low-price shopping model.
Shein, founded in China, and valued at $66 billion, sells fast fashion at rock bottom prices, including dresses priced at $10 and bike shorts for around $5. The company produces clothing, mainly in China, that is sold online in the US, Europe and Asia.
Temu, whose parent company PDD Holdings also owns Chinese shopping platform Pinduoduo, similarly sells low-priced clothing but is equally well known for stocking cheap headphones and home appliances.
According to a note from HSBC analysts published this week, Temu is targeting $16 billion in gross merchandising volume (GMV) in 2023, versus consensus estimates of $11 billion.
 

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Tory Burch Evokes Sport at New York Fashion Week

Models walk the runway for Tory Burch during New York Fashion Week in New York on September 9, 2024. (Photo by Yuki IWAMURA / AFP)
Models walk the runway for Tory Burch during New York Fashion Week in New York on September 9, 2024. (Photo by Yuki IWAMURA / AFP)
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Tory Burch Evokes Sport at New York Fashion Week

Models walk the runway for Tory Burch during New York Fashion Week in New York on September 9, 2024. (Photo by Yuki IWAMURA / AFP)
Models walk the runway for Tory Burch during New York Fashion Week in New York on September 9, 2024. (Photo by Yuki IWAMURA / AFP)

American designer Tory Burch unveiled a collection imbued with the spirit of sport -- but without venturing into sportswear -- at New York Fashion Week on Monday.

Freedom and movement were reflected in loose-fitting wool pants and wrap dresses, while power shone through in the assembly of different pieces, fabrics and cuts on the models marching down the catwalk.

"It's more about the spirit and the essence of sport," Burch, whose shows have become a staple of New York Fashion Week, told Agence France Presse of the Spring/Summer 2025 collection.

That means it's about "movement, about freedom, precision" as a starting point, she explained, adding: "The word 'synchronicity' was something I thought about."

Burch, who this year celebrated the 20th anniversary of her eponymous fashion house, said: "I wanted to be careful with not having too many different prints, but I wanted it to come across some textures and the fabrics and the color well."

Among the standouts was an ensemble of ultra-light suede pants with a rope belt and a skin-tight sweater patterned in red and white.

A transparent white jersey shirt with ruffles and overly long sleeves was paired with its formal counterpart, brown wool pants.

Once again, the Pennsylvania native broke from the style that made her famous, a combination of preppy New England with a touch of the bohemian.

A regular at New York's iconic venues, Burch chose the top floor of the former Domino sugar factory in Williamsburg, Brooklyn, with its breathtaking view over Manhattan, for her show.

Along with Vogue editor-in-chief Anna Wintour, the show was attended by actresses Michelle Williams, Elizabeth Olsen and Kirsten Stewart.

"I want to have a dialogue, but I want to keep evolving and taking it in new directions," the designer said, adding: "I think it's important to have some continuity."