Shein, the world's largest fast-fashion brand, has once again been the focus of the court. Temu filed a more than 100-page lawsuit filed with a court in the District of Columbia that filed a series of serious charges against SHEIN, including illegally retaining merchants, stealing business information, threatening small and medium-sized businesses, filing numerous false complaints against copyright agencies, and abusing the U.S. legal system.
Since last year, SHEIN has filed lawsuits against a number of world-renowned brands, including H&M, Zara, Tribe Tropical, Levi Strau, Dr Martens, and others. In particular, the founder of Tribe Tropical denounced SHEIN for not only copying its children's swimwear designs, but also selling them at low prices.
The allegations have put SHEIN in the midst of public questioning of its business ethics. As a global fast fashion giant, SHEIN should abide by business ethics and regulations, and respect intellectual property rights and the rights and interests of others. However, according to Temu's litigation documents, SHEIN has taken improper measures on the grounds of protecting its own interests, and even sacrificed the rights and interests of other merchants.
According to the lawsuit documents, SHEIN's behavior in handling the relationship between ** merchants and merchants has also been criticized. Such as illegally detaining ** merchants, threatening small and medium-sized businesses, and even initiating a large number of false complaints, these behaviors have undoubtedly caused serious damage to other businesses.
For these allegations, SHEIN needs to bear legal responsibility. Merchants should abide by business ethics and laws and regulations, and cannot use improper means to harm the interests of others. At the same time, other businesses should also raise their awareness of self-protection to prevent being infringed by unscrupulous businesses.
This lawsuit reveals many problems in SHEIN's business behavior, hoping to attract global attention and promote the standardization and healthy development of business behavior.
In addition, in July this year, three independent designers in the United States jointly filed a lawsuit with the Federal District Court of California for copyright infringement and allegedly violating the Anti-Racketeering and Corrupt Organizations Act, which also aroused widespread public concern about SHEIN's long-term bullying of the designer group. And Shein is currently secretly submitting a listing application to the New York Stock Exchange, with a valuation of more than $66 billion, which has once again triggered the world's largest IPO. However, according to related reports, the U.S. Congress is considering whether to block SHEIN's listing.
While SHEIN is facing a series of lawsuits, it has also been seeking the support of American politicians, conducted a lot of lobbying activities, and adjusted its ** chain globally, trying to circumvent China's overseas IPO regulations to adapt to the listing regulatory strategy of the United States. However, SHEIN's numerous lawsuits and infringements have made its prospects for listing in the United States not optimistic, and SHEIN may need to start by changing its business practices if it wants to successfully complete its listing in the United States.