Sodali & Co, the global advisory firm owned by TPG, has named Andrew Benett as chief executive, a source tells DD. He previously worked at Havas Creative Group and Bloomberg Media.

Online stores like Shein and Temu may feel the pinch as a result of new duties imposed by Mexico's tax agency SAT on Tuesday. The agency claims the taxes will increase the monitoring of Asian imports.

Mexico does not have an international treaty with China, where Shein and Temu are based. Goods entering via courier companies from Canada and the U.S., which are part of the United States-Mexico ...