World Business Report Shein accused of breaking EU law
May 27, 2025
The podcast delves into Shein's alleged violations of EU law and the implications for fast fashion. Insights from a consumer watchdog reveal concerning sales tactics. In Africa, the race for a new president of the African Development Bank heats up, with discussions on economic challenges ahead. The golden visa trend in New Zealand picks up speed, attracting business leaders seeking stability and investment opportunities. This multifaceted conversation uncovers the intersection of consumer rights, leadership, and global migration patterns.
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Shein's Problematic Practices
- Shein uses manipulative tactics like fake discounts and pressure selling to boost consumer spending.
- The company also exposes consumers to potentially unsafe products with illegal chemicals.
Scale Amplifies Shein's Impact
- Shein stands out due to its massive scale and ability to reach every consumer's phone.
- Its vast parcel shipments make regulatory policing extremely difficult for EU authorities.
Unfair Advantage in EU Market
- Many products sold on Chinese online marketplaces like Shein are non-compliant with EU safety standards.
- This creates an unfair advantage over businesses complying with European regulations.