Shein is facing a substantial financial penalty in France, where the authorities have imposed a fine of approximately $26 million for regulatory infractions related to return policies and product labeling.
French regulators have penalized Shein a total of €22.5 million, comprising €16.7 million for order confirmation problems and €5.8 million for return and eco-labeling discrepancies, as announced on Wednesday by the Directorate General.
Related ↗British companies halt recruitment amid Iran conflict impact, REC research indicates.Shein's response highlights that technical difficulties, previously resolved without affecting customers, are being cited as grounds for an extraordinary fine imposed by French authorities. The company plans to vigorously dispute these penalties in full.
In July, France imposed a hefty penalty of €40 million on Shein due to deceptive discount practices. The French authorities' efforts to temporarily shut down the company's online marketplace were however thwarted by the Paris Court of Appeals in March.
Read next ↗Tate & Lyle accepts a £2.7 billion all-cash acquisition from Ingredion.Global fashion retailer Shein has been under intense regulatory examination in France since last November, following a consumer watchdog investigation that uncovered illicit items such as child-like sex dolls and prohibited weaponry being sold on their platform.
French authorities have taken a firm stance against Shein, announcing plans to impose a significant penalty of $26 million for regulatory breaches. Minister Serge Papin emphasized their commitment to enforcing change, stating that they will persist in taking action until the company alters its practices or withdraws from the market entirely.
France July,France imposed a hefty penalty of €40 million on Shein due to deceptive discount practices. The French authorities' efforts to temporarily shut down the company's online marketplace were however thwarted by the Paris Court of Appeals in March.
