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When discussing new business models like fast fashion (e.g., Shein) or platforms like Temu), one key factor behind their success is the ability to import low-value packages into various countries without additional taxes or customs duties. However, this is now changing. The U.S. has already implemented new regulations, and the EU is preparing to follow suit.
In this episode, Mitul and Darko dive into what these changes mean for retail and how they could reshape the industry. Tune in for their insights!
When discussing new business models like fast fashion (e.g., Shein) or platforms like Temu), one key factor behind their success is the ability to import low-value packages into various countries without additional taxes or customs duties. However, this is now changing. The U.S. has already implemented new regulations, and the EU is preparing to follow suit.
In this episode, Mitul and Darko dive into what these changes mean for retail and how they could reshape the industry. Tune in for their insights!