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TheHyperHive on MSNFrance Slaps Shein with €40 Million Fine Over GreenwashingShein, the global fast-fashion powerhouse, has been fined €40 million by France’s consumer watchdog for what authorities have labeled “deceptive commercial practices.” The ruling marks a significant ...
Shein did not offer discounts based on the lowest price in the previous 30 days, and sometimes raised prices before applying ...
Xiaomeng Lu, director of geotechnology at Eurasia Group, told CNBC that the latest scrutiny Temu and Shein are experiencing in the EU is reminiscent of that in the U.S.
The EU’s RFIs highlights areas where the two marketplaces are facing early DSA scrutiny — and could prefigure the opening ... the EU said it’s asking Shein and Temu for more information ...
"We calculated that from August 1, 2023 to January 31, 2024, SHEIN had an average of 108 million monthly active users across EU member states," the company said on its website.
Shein’s vast array of $5 shirts, $20 dresses and $15 shoes could face more trademark scrutiny under a new EU rule that tightens oversight on intellectual property rights.
EU may regulate Shein, Amazon, PDD, and Temu for selling unsafe/illegal products. Temu reaches user threshold for enhanced scrutiny. AMZN stock up.
Xiaomeng Lu, director of geotechnology at Eurasia Group, told CNBC that the latest scrutiny Temu and Shein are experiencing in the EU is reminiscent of that in the U.S.
Temu and Shein’s business shift from the U.S. to Europe could be at risk as the e-commerce companies encounter familiar regulatory scrutiny.
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