Shein is under EU investigation for illegal products and childlike sex dolls amid France blocking its sales; a major fast fashion player facing scrutiny.
Eddie Bauer LLC, a historic outdoor apparel brand, filed for Chapter 11 bankruptcy in New Jersey, risking the closure of around 200 stores in the US and Canada. The move follows years of financial struggles, ownership changes, and shifting consumer preferences. Outside North America, operations remain unaffected.
The European Commission has launched a formal investigation into Shein, focusing on illegal product sales including childlike sex dolls and weapons. The probe follows France's earlier findings and aims to assess compliance with the Digital Services Act, with potential penalties for non-compliance.
European Parliament members visited China to discuss safety concerns over Chinese e-commerce platforms and the high volume of unsafe products entering the EU. The trip follows the EU's recent overhaul of customs rules targeting illegal goods, especially from China, to improve market access and consumer protection.
QVC Group has filed for Chapter 11 bankruptcy in the U.S., citing declining sales and high debt. The company aims to emerge within 90 days, but warns that its financial situation remains uncertain as it struggles to adapt to changing consumer habits and increased competition.