Politico News

Chinese fast fashion app Shein will face tougher EU tech rules – POLITICO

The Commission will oversee the so-called super-large online platform under threat of various regulatory restrictions and potential fines of up to 6% of Shein’s global annual turnover.

It joins more than 20 major platforms such as AliExpress, TikTok and Amazon, which are already designated as very large online platforms. Chinese e-commerce platform Temu will also face additional rules in the coming months after saying this month it was visited by 75 million Europeans every month.

Shein was initially a retailer selling its own products, but last year it became a platform by launching an online marketplace selling products from other manufacturers. Amazon and Zalando, a European marketplace, are currently challenging the EU’s decision to regulate retailers under the Digital Content Act.

The company, which moved its headquarters from China to Singapore in 2021, began selling to European countries in the early 2010s.

Shein has been criticized for using forced labor in China’s Xinjiang region, which he denies. It’s also currently the target of French lawmakers’ efforts to rein in fast fashion companies under a new environmental law.

Shein did not immediately respond to a request for comment.

Politico

Sara Adm

Aimant les mots, Sara Smith a commencé à écrire dès son plus jeune âge. En tant qu'éditeur en chef de son journal scolaire, il met en valeur ses compétences en racontant des récits impactants. Smith a ensuite étudié le journalisme à l'université Columbia, où il est diplômé en tête de sa classe.Après avoir étudié au New York Times, Sara décroche un poste de journaliste de nouvelles. Depuis dix ans, il a couvert des événements majeurs tels que les élections présidentielles et les catastrophes naturelles. Il a été acclamé pour sa capacité à créer des récits captivants qui capturent l'expérience humaine.
Back to top button