Shein's Unfashionable IP And RICO Controversies

Shein, the Chinese-based fast fashion brand, is facing multiple controversies ahead of its IPO. The company is involved in over 50 federal lawsuits for copyright and trademark infringement. Additionally, Shein is under investigation for alleged human rights violations and concerns regarding environmental and health risks. American luxury brand Chrome Hearts has filed a complaint against Shein for trademark infringement. Shein may argue that Chrome Hearts' trademark is invalid, but a settlement is likely. Shein is also facing a RICO claim for copyright infringement. The plaintiffs argue that Shein's production process facilitates the creation of infringing products. State attorneys general accuse Shein of exploiting forced labor and violating the Uyghur Forced Labor Prevention Act. Greenpeace Germany has found hazardous chemicals in some Shein products. Shein's handling of these issues will impact its reputation and trajectory in the fashion industry.

Posta un commento