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News

France fines SHEIN US$47 million for 'deceptive' pricing

South China Morning Post · 9m
France fines Shein US$47 million for ‘deceptive’ pricing amid EU scrutiny of small parcels
Shein did not offer discounts based on the lowest price in the previous 30 days, and sometimes raised prices before applying a reduction.
Sourcing Journal on MSN · 22h
France Fines Shein $47 Million for False Discounting and Deception
France’s General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF) said it had doled out a €40 million ($47 million) fine to the company as a result of the now-concluded investigation, which ran from October 2022 to August 2023.
Financial Times · 1d
Shein hit with €40mn fine in France over misleading discounts
Regulators found the fast-fashion retailer, which is facing multiple probes, also made unjustifiable environmental claims
3d
Shein and Temu’s sales plummet due to Donald Trump’s measures
The tariffs imposed by President Donald Trump are beginning to take a toll on Asian e-commerce giants Shein and Temu. Temu’s ...
4d
US shoppers ditch Shein and Temu as Trump closes tax loophole
Online retailers Temu and Shein have seen their once rapid user growth go into reverse in the US after President Donald Trump ...

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