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The Latest Breaking News from Shein

Shanghai Composite Index Fell 0.09% on Tuesday

Shenzhen Component Index closed down 0.65%

Caixin Global

Pinduoduo founder Colin Huang surges past Alibaba's Jack Ma to become China's third-richest person

Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

Fortune

Teresa Giudice and daughters receive backlash for their partnership with Shein

Fast fashion retailer has previously faced accusations of copyright infringement and poor treatment of workers

The Independent UK

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Addictive, absurdly cheap and controversial: the rise of China’s Temu app

Temu’s meteoric growth – and its astronomical marketing budget – has experts asking whether its business model is sustainable

The Guardian - AU

Boohoo fails to lure shoppers with discounts as rival Shein takes a bite

Fast fashion retailer expects annual sales to fall by between 12% and 17% as buyers return to high street

The Guardian - UK

The congressman investigating four VC firms with ties to China has a message: This is just the beginning

In an interview with Term Sheet, Representative Mike Gallagher said that these letters to venture capital firms were just the beginning of the Committee’s investigation.

Fortune

Walmart's head of fashion Denise Incandela talks about changing discounter's staid image in fashion

Walmart, the nation’s largest retailer, has been long known for its basic socks, T-shirts and pull-on pants

The Independent UK

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TikTok's plans to conquer the U.S. shopping market gets mixed reviews

TikTok's newly launched Shop platform hopes to eat into Amazon's retail business as easily as it did with Facebook's social media. But a plethora of cheap wares and worries about data could hamper its chances.

Fortune

First Thing: Foreign aid teams join search for quake survivors in Morocco

At least 2,122 people have been killed in the country’s deadliest quake since 1960. Plus, Phoenix breaks its record for number of days above 110F

The Guardian - UK

‘Shein is targeting colleges’: the student battling fast fashion’s ‘hypocritical’ scholarships

Lexy Silverstein, a student at Los Angeles’s FIDM, takes a stand against fast-fashion brand ‘greenwashing’ with partnership

The Guardian - US

Shein and Forever 21 are combining forces to expand their reach—the deal is a win for fast fashion, but a loss for the environment

The fashion industry contributes up to 8% of global carbon emissions and 20% of water waste, according to the UN.

Fortune

Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers

Fast fashion retailers Shein and Forever 21 are going into business together

The Independent UK

H&M sues fast fashion retailer Shein for copying its designs

H&M has accused the fast fashion retailer of copying its designs in new lawsuit

The Independent UK

H&M sues fast fashion retailer Shein for copyright infringement

H&M has accused the fast fashion retailer of copying its designs in new lawsuit

The Independent UK

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news in one place.

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The Hindu

Explained | What is the lawsuit against Chinese fast-fashion company Shein?

Chinese fast-fashion company Shein is being sued in the U.S for copyright violations and under the Racketeer Influenced and Corrupt Organisations Act. We explore the case and why Shein is in hot water.

The Guardian - US

Fast fashion giant Temu accuses Shein of starting ‘war’ over US markets

Standoff between Chinese ultra-fast fashion brands escalates with lawsuit claiming Shein created exclusive manufacturing contracts

The Independent UK

Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations

Chinese e-commerce retailer Temu has filed a lawsuit accusing its rival Shein of violating U.S. antitrust law by blocking clothing manufacturers from working with Temu

Evening Standard

Why is Shein being sued? Independent designers allege fast-fashion retailer copied their work

Plaintiffs want Shein to stop copying US designers’ work

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news in one place.

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WEKU

Shein steals artists' designs, a federal racketeering lawsuit says

Three artists are accusing the e-commerce giant of selling exact copies of their designs on its website. Shein has faced similar accusations before.

The Independent UK

Fast fashion retailer Shein accused of racketeering and copyright infringement in lawsuit

Fast fashion retailer has faced many accusations of copyright infringement from independent designers

The Independent UK

Lawsuit against fast fashion retailer Shein claims RICO violations

China’s fast fashion retailer Shein is facing a lawsuit that claims the clothing maker’s copyright infringement is so aggressive, it amounts to racketeering

The Independent UK

Fast fashion retailer Shein accused of racketeering and copyright infringement in lawsuit

Fast fashion retailer has faced many accusations of copyright infringement from independent designers

The Hindu

‘Chinese investments returning to India with greater opacity’

After imposing curbs to control the growing Chinese investment in Indian Markets, investments are still coming in through opaque structures used in other countries. Santosh Pai, Honorary Fellow at the Institute of Chinese studies, New Delhi talks on the issue.

Daily Mirror

Shoppers baffled by tiny Shein men's shorts where 'junk would come out the side'

Shoppers shared fears they'd accidentally show off more than they'd want to if they opted to wear the stylish shorts much shorter in length than your typical trousers

WEKU

Shein invited influencers on an all-expenses-paid trip. Here's why people are livid

After a recent trip to some of the company's facilities in Guangzhou, China, young tastemakers fawned over happy employees and sweat-free working conditions. Now the influencers are facing a backlash.

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