The French antitrust authority has slapped the online fashion retailer Shein with a €40 million fine. The accusation: customers were deceived with false discounts and misled by controversial environmental claims.
By Amelie Richter
Die französische Wettbewerbsbehörde hat den Online-Modehändler Shein mit 40 Millionen Euro Strafe belegt. Der Vorwurf: Kunden wurden mit falschen Rabatten getäuscht und durch umstrittene Umweltaussagen in die Irre geführt.
By Amelie Richter
TikTok Shop has been live in Germany since March, but it has not yet taken off – although the first brands are achieving considerable success. Experts see strategic potential behind the concept, which has the power to change the industry.
By Amelie Richter
On Friday, EU finance ministers will discuss the reform of the customs union. The Polish Council presidency is aiming to secure an agreement next week.
By
On Friday, the EU finance ministers will discuss the reform of the customs union. The Polish Council Presidency hopes to reach an agreement in the coming week.
By Amelie Richter
France is toughening its stance against cheap fashion from China: The Senate has passed a bill explicitly aimed at suppliers such as Shein and Temu. It provides for advertising bans, sanctions for influencers and environmental levies.
By Amelie Richter
Despite Temu's international success, Pinduoduo struggles with weak demand in its domestic market. The group's quarterly profit fell by almost half. Reasons include the ongoing real estate crisis and recent US tariffs.
By Fabian Peltsch
The online retailer Shein is accused of breaching European consumer law with fake discounts and deceptive product labels. The Commission has given the company one month to respond. This is a new accusation by the Commission against Asian online retailers.
By Marion Bergermann
The European Commission plans to propose new revenue streams and a budget overhaul in June. Among the measures is a handling fee of EUR 2 per package imported into the EU via e-commerce from third countries. The revenue would go toward the EU’s own resources. Meanwhile, the EU’s next research framework program, FP10, is expected to retain its independence.
By Corinna Visser
With the end of the de minimis rule plus additional tariffs on low-priced Chinese goods, the United States is stepping up its economic pressure on Beijing. Online retailers such as Temu and Shein have already raised their prices. China is willing to talk, but is taking a wait-and-see approach.
By Amelie Richter
