Etsy Trims Workforce in Response to “Challenging” Market, Stock Takes a Hit

December 18, 2023 : Etsy, the online marketplace known for its handcrafted and vintage goods, has announced a significant workforce reduction, laying off 11% of its employees.

Shein and Temu Spar Again: Temu Files Fresh Lawsuit, Alleging ‘Mafia-Style Tactics’

December 18, 2023 : The gloves are again off in the heated battle between fast-fashion giants Shein and Temu. A new lawsuit filed by Temu accuses its rival of employing “mafia-style intimidation” tactics to stifle competition.