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Xiaomeng Lu, director of geotechnology at Eurasia Group, told CNBC that the latest scrutiny Temu and Shein are experiencing in the EU is reminiscent of that in the U.S.
Shein did not offer discounts based on the lowest price in the previous 30 days, and sometimes raised prices before applying ...
It’s now for Shein to step up, respect the rules and bring its practices fully in line with EU consumer standards.” Shein did not return request for comment when approached by Just Style.
The EU’s RFIs highlights areas where the two marketplaces are facing early DSA scrutiny — and could prefigure the opening ... the EU said it’s asking Shein and Temu for more information ...
"We calculated that from August 1, 2023 to January 31, 2024, SHEIN had an average of 108 million monthly active users across EU member states," the company said on its website.
Shein’s vast array of $5 shirts, $20 dresses and $15 shoes could face more trademark scrutiny under a new EU rule that tightens oversight on intellectual property rights.
EU may regulate Shein, Amazon, PDD, and Temu for selling unsafe/illegal products. Temu reaches user threshold for enhanced scrutiny. AMZN stock up.
China-based Shein will soon be designated under the EU's Digital Services Act (DSA), the report said. The European Commission and Shein - which is eyeing a U.S. initial public offering - did not ...
Xiaomeng Lu, director of geotechnology at Eurasia Group, told CNBC that the latest scrutiny Temu and Shein are experiencing in the EU is reminiscent of that in the U.S.
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