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The London Stock Exchange (LSE) has been asked what checks are in place to vet firms after fast-fashion retailer Shein refused to answer "basic questions" over its supply chain. Liam Byrne, chair ...
A lawyer for Shein summoned to a British parliamentary hearing evaded questions Tuesday on whether the fast-fashion giant sells products containing cotton from China, angering lawmakers seeking ...
Customs reforms would oblige online platforms to provide data before goods arrive in the EU, allowing officials to better control and inspect packages, according to a draft proposal seen by FT.
As of October 2020, Shein was the world's largest online-only fashion firm. [12] Shein was noted for being an early adopter of TikTok as a promotional tool, and the firm's ability to advertise viral items boosted its popularity. [6] By November 2021, Shein grew from a company valued at $15 billion to one valued at $30 billion. [12]
Pressed further on Shein’s supply chain and worker conditions, Ms. Zhu replied: “Obviously we comply with laws and regulations everywhere we do business in the role.
In December 2023, Temu sued Shein again, alleging illegal interference with its suppliers. [ 17 ] In February 2024, Temu issues a counterclaim in the London High Court, accusing Shein of breaking British competition law by tying suppliers of fast-fashion products to exclusive agreements, a claim it values at 4.2 million pounds ($5.5 million ...
(Reuters) -Fast-fashion company Shein is set to face scrutiny under the EU's rules framed to clamp down on harmful and illegal content online, Bloomberg News reported on Friday citing people ...
Counterfeit consumer goods are goods illegally made or sold without the brand owner's authorization, often violating trademarks.Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications.