Chinese E-commerce giant Shein faces another set back as French Ministry of Finance initiates a procedure to suspend its platform in France until it can demonstrate compliance with the country's laws.
The move which was announced on Wednesday, comes at a crucial time for Shein which opened its first physical store at BHV department store in Paris, with plans to open five more in other parts of France later in the month.
Several French brands including Aime, Agnes B have said they would be vacating the BHV in protest.
Mathilde Lacombe, co-founder of Aime spoke to BFM TV announcing her departure from the Parisian store.
"We have made it clear that we want to leave; our decision is firm and final. We built our brand on strong values, and it's important to have partners who share those values.
By staying, we would feel like we were endorsing what Shein is doing, so we refuse and are therefore leaving," she said.
Shein's store opening has been marred by an investigation by French authorities over childlike sex dolls found on its online platform by consumer watchdog.
Shein has said it removed such third party vendors from its site and was fully cooperating with the authorities who are also investigating Temu, AliExpress and Wish.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissio...
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time bein...
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country...
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Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Meta Platforms has agreed to pay up to $16.68 billion and make sweeping changes to Facebook and Instagram to settle claims that its platforms put children and teenagers at risk.
At least nine people have been killed and hundreds of tourists are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Instagram Chief Adam Mosseri has acknowledged that few teenagers used Instagram’s “Take a Break” feature before it became a default setting, as Meta faces a major U.S. trial over child safety.
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