WHAT HAPPENED
The penalties – part of a fast-fashion law passed in June that aims to address environmental concerns from overproduction – range from €0. They add to Shein’s difficulties as the end of duty-free access for cheap e-commerce parcels in the European Union and the U. caused its valuation to plunge ahead of its stock market debut in Hong Kong on Tuesday. Shein’s spokesperson in France, Quentin Ruffat, has previously said the fast-fashion penalties would hurt customers by pushing prices up. China’s commerce ministry has described the French law as discriminatory and a trade barrier, saying it could be violating WTO principles.
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