Last year, Temu started requiring suppliers to certify their cotton wasn't sourced from Xinjiang, which is illegal to import into the US. But suppliers say Temu soon scrapped the requirement + assured them their risk was low.

Incredible Jing Yang scoop:
theinformation.com/articles/temu-…

Another ahead-of-the-curve story on Temu from our Asia bureau chief Jing Yang :
theinformation.com/articles/temu-…

UPDATES ON BOISSON 👀‼️

email to suppliers confirms:

“filed for a reorganization of its operations under Chapter 11

we are not closing, and will continue to operate the e-commerce and wholesale channels”

All about Kim Kardashian's Skims: loungewear (not shapewear) is now the company's best-selling category, they're opening seven new stores by year's end (including in NY & LA) and they hit $750 million in revenue in 2023. New from me and Ann Gehan theinformation.com/articles/how-t…

the art for this is giving jesus (which is quite appropriate for easter weekend)

De minimis shipments are on track to hit around 1.5 billion this year, or about 4.5 packages for every American. But politicians from both parties have been discussing ways to tighten or close the loophole.

Read the full story from me and Ann Gehan: theinformation.com/articles/how-u…

New w/ Erin Woo: Bolt, the $11B checkout startup, is embroiled in yet another legal battle with a high-profile retail partner, Fanatics. Fanatics claims Bolt “unjustly enriched itself” with the deal, which includes a multimillion-dollar co-marketing fund.
theinformation.com/articles/bolts…

In the Travel/Transportation category, small division, the 2023 Best in Business Award winner is The Information for 'Convoy Goes Off the Road.'

#SABEWBIB

Congratulations to the staff of @TheInformation on 7 awards! Proud to work with such hardworking colleagues

Allbirds hit a snag before its most recent product launch, scrambling to fix a fit issue in roughly 30k shoes. It's just the latest example of product struggles and strategy changes ahead of an abrupt CEO change announced yesterday.
New from me: theinformation.com/articles/befor…

If you want to understand what's gone wrong with Allbirds, triggering the latest CEO exit, check out Ann Gehan great story today which starts with a bizarre manufacturing snafu theinformation.com/articles/befor…

Scoop: Behind the shut down of a Blackstone-founded e-commerce roll up startup. Kite, which launched with a stacked exec team & $200 million in committed capital, only acquired two brands before closing shop.

theinformation.com/articles/black…

VC in 2024: AI and sparkling water. Go figure. Ann Gehan

theinformation.com/articles/trend…

Scoop from me: The beverage wars are heating up.

Olipop is aiming to lift sales to as much as $400 million this year and is looking to raise fresh funds through a convertible note that could convert to equity at an $800M+ valuation.

theinformation.com/articles/trend…

Ann Gehan Jing Yang Spoke to a Temu fulfillment partner today fulfilling 100k packages/day for them saying that says orders are still ripping!

Very curious as to when lawmakers start laying down the hammer