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The growth of fast fashion fueled environmental issues. Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 ...
Chinese e-commerce retailer Temu has filed a lawsuit in Massachusetts accusing its rival Shein of violating U.S. antitrust law by preventing garment makers from working with it. Temu, which is ...
Shein sued Temu in Illinois federal court in December, alleging that the latter had enlisted online influencers “to make false and deceptive statements” about Shein to promote its own goods.
Temu and Shein have been on the EU’s radar under the Digital Services Act (DSA), which aims to curb the sale of illegal and harmful products. Amazon is also listed as a “very large online ...
Puma's social media marketing strategies have a direct effect on purchase intentions, which is a leading indicator of actual sales, especially in the middle class. [51] [52] Through supply chain finance, Puma helps suppliers avoid cash flow issues by offering early payment on invoices, reducing costs and risk.
The filing this week claims that Shein is in violation of the Racketeer Influenced and Corrupt Organizations Act, better known as RICO, a law originally crafted to prosecute organized crime.
Most factories that produce "fast" clothing employ workers on low wages. Workers from Shein are reported to make as little as 4 cents per garment produced, as well as operating on 18-hour workdays with 1 day off per month. [41] Exploitative fast fashion production is prevalent in countries like China, Bangladesh and Vietnam. [42]
A H&M store in Downtown Montreal. Fast fashion brands produce pieces to get the newest style on the market as soon as possible. [16] They emphasize optimizing certain aspects of the supply chain for the trends to be designed and manufactured quickly and inexpensively and allow the mainstream consumer to buy current clothing styles at a lower price.