IKEA Mass Layoffs 2024: 850 Employees Affected – Reasons, Impact & Future Plans

IKEA Job Cuts: 850 Positions Eliminated in Global Cost-Cutting Drive By Carlos Mendes | Sports Editor, World Today Journal | Lisbon, Portugal Inter IKEA Systems, the franchise behind the world’s largest furniture retailer, has announced a significant workforce reduction, eliminating 850 positions globally as part of a cost-cutting strategy aimed at addressing declining consumer spending. … Read more

JD.com Launches Joybuy in France: Amazon Competition Heats Up

JD.com Launches Joybuy in Europe, Challenging Amazon’s Dominance The European e-commerce landscape is bracing for a new competitor. Chinese e-commerce giant JD.com officially launched its European platform, Joybuy, on Monday, March 16, 2026, directly targeting Amazon’s market share. The move, following five months of testing, signals JD.com’s ambitious expansion beyond its domestic stronghold and into … Read more

Shein Founder Defends Business Model Amid European Scrutiny

Shein Founder Defends Business Model Amid Regulatory Scrutiny Xu Yangtian, the typically reclusive founder and chairman of the rapid-fashion giant Shein, recently made a rare public appearance to defend the company’s business practices. This comes as Shein faces increasing regulatory pressure, particularly in Europe, over concerns ranging from product safety to its digital platform’s potential … Read more

EU to Tax Chinese Imports: New Fees for Shein, Temu & Online Shopping (2026)

2026-02-22 09:07:00 “Taxa de UE de três euros sobre produtos chineses é atirar areia para os olhos”  Diário de Notícias A UE aplicará novas taxas aduaneiras a encomendas de pequeno porte a partir de 1 de julho de 2026.  Aduana News Compras na China: o susto das taxas alfandegárias acima dos 150 euros  Leak.pt Faz compras na Shein … Read more