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Business & Economy
Business & Economy
Shein reportedly agreed to pay $100 million to settle an FTC investigation.
According to Reuters’ sources, the FTC was investigating Shein over “delivery delays and other customer complaints,” adding that the settlement would be “equivalent to 44% of Shein’s second-quarter profit.” The European Union also opened an investigation into Shein earlier this year over concerns about “addictive design” features and illegal product listings. [Link: Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe | https://www.reuters.com/business/retail-consumer/fast-fashion-group-shein-agrees-pay-100-million-settle-us-ftc-probe-2026-10-23/ | Reuters]
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World News
Fast-fashion giant Shein outperforms several Australian retailers on ethics, report says
Ghanda and Windsor Smith among lowest-rated in Baptist World Aid ethical fashion report based on metrics such as wages and sustainability
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