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(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 ...
Fast fashion retailer Shein has been accused by independent designers of infringement-related racketeering activities in a new lawsuit.. According to The Fashion Law, a lawsuit was filed on ...
Shein is a private company and does not report its global results. But profits in the UK doubled in 2023 to more than £24m, according to a Companies House filing .
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. And we have supplier code ...
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.
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 ...
Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobbying on Capitol Hill, its first ...