Shein reportedly agreed to pay $100 million to settle an FTC investigation.
According to Reuters’ sources, the FTC was investigating Shein over “delivery delays and other customer complaints,” adding that the settlement would be “equivalent to 44% of Shein’s second-quarter profit.” The European Union also opened an investigation into Shein earlier this year over concerns about “addictive design” features and illegal product listings. [Link: Fast-fashion group Shein agrees to pay $100 million to settle US FTC probe | https://www.reuters.com/business/retail-consumer/fast-fashion-group-shein-agrees-pay-100-million-settle-us-ftc-probe-2026-10-23/ | Reuters]
According to Reuters ’ sources, the FTC was investigating Shein over “delivery delays and other customer complaints,” adding that the settlement would be “equivalent to 44% of Shein’s second-quarter profit.” The European Union also opened an investigation into Shein earlier this year over concerns about “addictive design” features and illegal product listings.
Sign in to see your notifications or create an account to join the conversation.
Topics in this story
Gathered from external sources. Rights to this text belong to whoever originally published it.