**Trailer: The Business of Fashion – Navigating the Future of Retail and Luxury**
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In a recent development, PDD Holdings Inc., the parent company of Temu, reported a 24% revenue growth, falling short of expectations due to heightened domestic competition and rising US tariffs on Chinese goods. As the world’s largest discount online retailer, Temu also faces potential challenges from the closure of a tax loophole for small-value parcels. Stay informed with BoF as we unpack the implications of these shifts and what they mean for the future of global retail.
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