Latest news with #producttesting
News24
2 days ago
- Business
- News24
Shein to increase safety tests on products after EU threat
For more financial news, go to the News24 Business front page. Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend $15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world. Since it launched its marketplace, Shein has stopped working with more than 540 sellers over compliance breaches, the company said. The EU's Consumer Protection Co-operation (CPC) network of national consumer authorities and the European Commission on Monday notified Shein of practices that infringe EU consumer law, giving the company a month to reply.
CTV News
3 days ago
- Business
- CTV News
Shein to increase product safety testing after EU probe
A page from the Shein website is shown in this photo, in New York, Friday, June 23, 2023. (AP Photo/Richard Drew) Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend US$15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world. Since it launched its marketplace, Shein has stopped working with more than 540 sellers over compliance breaches, the company said. The EU's Consumer Protection Co-operation network of national consumer authorities and the European Commission on Monday notified Shein of practices that infringe EU consumer law, giving the company a month to reply. Reporting by Helen Reid; Editing by Saad Sayeed, Reuters
Yahoo
3 days ago
- Business
- Yahoo
Shein to increase product safety testing after EU probe
LONDON (Reuters) -Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend $15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world. Since it launched its marketplace, Shein has stopped working with more than 540 sellers over compliance breaches, the company said. The EU's Consumer Protection Co-operation (CPC) network of national consumer authorities and the European Commission on Monday notified Shein of practices that infringe EU consumer law, giving the company a month to reply. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Shein to increase product safety testing after EU probe
LONDON (Reuters) -Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend $15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world. Since it launched its marketplace, Shein has stopped working with more than 540 sellers over compliance breaches, the company said. The EU's Consumer Protection Co-operation (CPC) network of national consumer authorities and the European Commission on Monday notified Shein of practices that infringe EU consumer law, giving the company a month to reply.
Reuters
3 days ago
- Business
- Reuters
Shein to increase product safety testing after EU probe
LONDON, May 29 (Reuters) - Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend $15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world. Since it launched its marketplace, Shein has stopped working with more than 540 sellers over compliance breaches, the company said. The EU's Consumer Protection Co-operation (CPC) network of national consumer authorities and the European Commission on Monday notified Shein of practices that infringe EU consumer law, giving the company a month to reply.
