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Temu joins Shein in facing stricter regulation in the EU The popular e-commerce site has been designated a ‘Very Large Online Platform’ under the Digital Services Act.
Increased regulation in the EU also comes as Shein eyes an initial public offering in the US. The e-commerce company filed to go public late last year and was valued at $66 billion in 2023.
Chinese e-commerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s ...
France's antitrust agency said on Thursday it had fined China-founded fast-fashion retailer Shein 40 million euros ($47.17 million) for alleged deceptive business practices including misleading ...
U.K. Government to Question Shein's Chairman Over Labor Issues, FT Reports Provided by Dow Jones Nov 4, 2024, 12:33:00 PM ...
Britain's Secretary of State for Business and Trade Jonathan Reynolds speaks at Downing Street, on the day of a Cabinet meeting in London, Britain, January 14, 2025.
In April 2025, Shein was designated as a Very Large Online Platform (VLOP) under the Digital Services Act (DSA) regulation in EU law. "Shein to face fines if it fails to fix EU consumer law issues ...
Shein addressed the child labor cases promptly, ... Previously, suppliers had 30 days to rectify issues related to child labor before facing termination. Also read.