France fines Shein US$47 million for ‘deceptive’ pricing amid EU scrutiny

Source: Tech – South China Morning PostThe French government has fined online retailer Shein €40 million (US$47 million) for “deceptive marketing practices” and incomplete information about the environmental impact of its products.
The penalty was announced just days after a European Union official said on Monday that he was “deeply concerned” about the millions of small parcels entering the region every day, many from Chinese-founded platforms like Shein and Temu.
The fine by France’s Ministry of Economy followed investigations…Read More

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