France fines fashion brand Shein €40m for deceptive practices

France’s antitrust agency announced on Thursday that it fined fast-fashion retailer Shein €40 million ($47.17 million) for deceptive practices, including misleading customers about discounts and its environmental impact. Shein has accepted the penalty, the regulator said. The French competition and anti-fraud agency reported that its investigation revealed Shein engaged in “deceptive commercial practices towards consumers […]