4 days ago
France fines Shein 40 million euros for deceptive business practices
PARIS (Reuters) -France's antitrust agency said on Thursday it had fined Shein 40 million euros ($47.17 million) for alleged deceptive business practices, following a nearly yearlong probe.
The agency said Infinite Style E-Commerce LTD, which handles sales for the Shein brand, had misled customers about discounts, and that the company had accepted the fine.
Representatives for Shein did not immediately respond to requests for comment.
($1 = 0.8480 euros)
