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Sourcing Journal on MSN · 4d

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.

Yahoo Finance · 8h

Shein fined $47M for misleading promotions in France

An investigation by the country’s antitrust authority found that more than half of the fast fashion company’s promotions involved no real price reduction.

Reuters on MSN · 4d

France fines retailer Shein 40 million euros for misleading discounts

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 discounts,

Soy Nómada on MSN58m

Shein and Temu Begin to Plummet Due to the Trump Effect

The once unstoppable growth of Chinese online fast fashion giants, Shein and Temu, has come to a sudden halt. Recent policy ...

Stocktwits on MSN15h

France Slaps Chinese Fast-Fashion Giant Shein With $47M Fine In Blow To Post-Tariff Pivot Away From US

France has fined fast fashion e-tailer Shein (SHEIN) 40 million euros (approximately $47.2 million) for allegedly misleading ...

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