Sheins Profits Drop By More Than Third 2024 Ft Reports 2025 02 23
Reuters1 day
EU Finds Shein Violates Consumer Laws, Demands Changes
Above: A man holds a bag as he leaves the Shein's “Spring Boutique” temporary store at Palazzo dei Giureconsulti on March 23, 2024 in Milan, Italy. Image copyright: Emanuele Cremaschi/Getty Images Entertainment via Getty Images
The Spin
Pro-Europe narrative
Shein must urgently comply with EU law. Its use of fake discounts, pressure-selling tactics, and misleading sustainability claims are unethical and illegal. Consumers deserve clear, honest information and fair treatment. The EU must hold Shein accountable and ensure no e-retailer can profit by undermining consumer rights.
Opposition narrative
Shein is engaging constructively with EU regulators and supporting a fair, safe online marketplace. It has invested in product safety, removed non-compliant sellers, and created thousands of EU jobs. Rather than vilify innovation, we should acknowledge Shein’s efforts to comply, collaborate, and build consumer trust responsibly.