The weakness is probably not a true reflection of the labor market's health, with recent government data showing layoffs remaining at low levels late last month.
The French government will ask a Paris judge to order the suspension of Shein in the country for three months over sales of childlike sex dolls and banned weapons.
Unprecedented numbers of Americans are expected to hit stores this Black Friday, but they are likely to curtail their spending as they find fewer bargains from tariff-hit retailers.