End of tax loophole for Shein and Temu starting to have impact, say local retailers

June 9, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2506/775541-240×135.jpg?5″ width=”240″ height=”135″ alt=”End of tax loophole for Shein and Temu starting to have impact, say local retailers” align=”left”><p>South Africa’s closure of a tax loophole that benefited global discount e-commerce retailers Shein and Temu is starting to show positive signs as some consumers reject the higher prices, the CEOs of local fashion retailers Mr Price and TFG said.</p><br> <a href=”https://www.bizcommunity.com/article/end-of-tax-loophole-for-shein-and-temu-starting-to-have-impact-say-local-retailers-582130a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=258246″>Email</a></p><div style=”clear:left”></div>