Shein's US operations under FTC scrutiny
8 Articles
8 Articles
(Washington = Yonhap News) Correspondent Lee Yu-mi = The U.S. Federal Trade Commission (FTC) is conducting an investigation into the Chinese fast-fashion e-commerce company Shein...
The Federal Trade Commission of the United States (FTC) is investigating Shein's commercial operations in the country, according to the Singapore-based wholesaler of .fast-fashion. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Shein Reveals FTC Investigation as US Sales Fall 14 Percent
China-founded online retailer Shein disclosed a Federal Trade Commission (FTC) investigation that could soon require significant payments as its U.S. sales fell 14.3 percent and it moved toward a Hong Kong stock listing after earlier efforts in New York and London stalled. The investigation was among a series of legal and regulatory pressures detailed in Shein’s draft Hong Kong listing document, offering a rare look inside the privately held ret…
Shein's US operations under FTC scrutiny
July 28 : Shein's U.S. operations are under investigation by the U.S. Federal Trade Commission, the fast-fashion e-commerce platform disclosed in connection with its Hong Kong IPO. The FTC probe relates to Shein's U.S. business operations, the company said in documents published by Hong Kong's stock exchange
On Tuesday (July 28), fast fashion retailer Shein revealed that while preparing for its Hong Kong IPO, its US operations are under investigation by the Federal Trade Commission (FTC) and may face paying a huge sum of money.
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