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THE TRUTH ABOUT: 4 - The Untold Story

EU ends tax loophole exploited by SHEIN, Temu, and Aliexpress

The European Union is imposing a new tax on small imports, which will heavily impact Chinese giants like SHEIN, Temu, and AliExpress. What does this mean for European consumers, product quality, and brands?

Euronews

South Korea bets big on AI with nearly a trillion dollars in investment

South Korea bets big on artificial intelligence with nearly $1 trillion worth of investment through 2029. Also in this edition, Comcast announces it will spin off NBCUniversal into a separate, publicly traded company. Plus France takes aim at Shein, Temu and AliExpress with a new law aimed at curbing ultra-fast…

France 24

French parliament passes fast fashion bill targeting Shein and Temu

The French parliament on Monday passed a bill aimed at curbing the rise of fast fashion, targeting major Asian e-commerce platforms such as Shein and Temu.

France 24

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Can the EU stop SHEIN, Temu, and Aliexpress from dominating the e-market?

The EU is swamped with cheap parcels imported from Chinese e-commerce giants. Products from SHEIN, Temu and the like have been benefitting from a tax loophole that will soon be axed by the EU.

Euronews

Trump suggests US can swiftly reimpose sanctions on Russian oil

As the war in Ukraine took centre stage at the G7 summit in the French town of Evian, US President Donald Trump said Moscow should make peace with Kyiv and suggested that the US could bring back sanctions on Russian oil, now that the Strait of Hormuz is expected to…

France 24

French department store BHV Marais to end Shein partnership after backlash

French department store BHV Marais will end its partnership with Shein after its operating company sold the landmark Paris outlet to a group of executives. The move follows months of controversy over the fast-fashion retailer’s presence in the store, including outcry over its environmental impact, labour practices and its online…

France 24

Electric shock warning over phone chargers sold on Amazon, B&Q and eBay

Which? found nine phone chargers so badly manufactured that anyone using them was at risk of receiving an electric shock

Evening Standard

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Aussie retailers under pressure from e-commerce giants

Australians are continuing to turn to global e-commerce providers as rising costs weigh on household budgets, heaping more pressure on local retailers.

AAP

Fake cigarettes and toys that are ‘essentially weapons’: Choice refers online retailers to regulator over unsafe products

Consumer group makes ‘super’ complaint to ACCC after investigation found dangerous items on platforms including eBay, Amazon and AliExpress

The Guardian - AU

Speed up plans to close import tax loophole on small parcels, British firms say

Retailers based overseas can send small parcels worth less than £135 to the UK without paying import duties.

Evening Standard

London Designer Accuses The Met for Displaying ‘Temu Version’ of Her Work

Shein and other online retailers are guilty of letting mass-produced rip-offs fly under the radar. But Anouska Samms (@anouskasamms) told TikTok that her design wasn’t being plagiarized by any seedy platform. Instead, the Metropolitan Museum of Art—yes, the same institution that hosts the Met Gala—has taken and displayed her work…

The Mary Sue

Shein Buys California-Based Everlane, Says It Would Remain an 'Independent Brand'

Shein acquires California-based Everlane in a deal that keeps Everlane as an independent, sustainability-focused brand while giving Shein a stronger U.S. and premium retail foothold.

International Business Times

AAP Rolling News Bulletin May 23, 2230

AAP Rolling News Bulletin for May 23 at 2230

AAP

AAP Rolling News Bulletin May 23, 1930

AAP Rolling News Bulletin for May 23 at 1930

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AAP

AAP Rolling News Bulletin May 23, 1900

AAP Rolling News Bulletin for May 23 at 1900

AAP

AAP Rolling News Bulletin May 23, 1830

AAP Rolling News Bulletin for May 23 at 1830

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AAP Rolling News Bulletin May 23, 1800

AAP Rolling News Bulletin for May 23 at 1800

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AAP Rolling News Bulletin May 23, 1730

AAP Rolling News Bulletin for May 23 at 1730

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AAP Rolling News Bulletin May 23, 1700

AAP Rolling News Bulletin for May 23 at 1700

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AAP Rolling News Bulletin May 23, 0330

AAP Rolling News Bulletin for May 23 at 0330

AAP

Fast-fashion giant Shein to buy eco-friendly Everlane

Chinese fast-fashion giant Shein is acquiring Everlane, which promises affordable ethically sourced and sustainable clothing.

AAP

GEN:Fast-fashion giant Shein to buy eco-friendly Everlane

Chinese fast-fashion giant Shein is acquiring Everlane, which promises affordable ethically sourced and sustainable clothing.

The Guardian - UK

‘Give every item a long life’: Vinted boss on how the site is moving beyond fashion

Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even books

The Guardian - AU

I believed sustainable fashion’s hype. But between Everlane and Allbirds, the letdowns keep coming

Sustainability promised to change the industry. With Shein reportedly acquiring Everlane, and Allbirds pivotting from eco sneakers to AI, it seems that promise was mostly marketing

The Independent UK

Everlane sold itself as the ethical alternative to fast fashion. Then Shein came calling

IN FOCUS: As the fast fashion giant Shein shockingly acquires Everlane — the apparel brand known for its radical transparency and ethical pledges — for an estimated $100 million, Ellie Muir speaks to retail experts about why this deal is a sign that shoppers are jaded under the pressure to…

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