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A French parliamentary committee begins examining a bill on June 17 aimed at limiting growth of ultra-fast fashion retailers. The review follows Shein's departure from a Paris department store after months of criticism over its business model.
France 24A French parliamentary committee starts reviewing a bill on June 17 that seeks to restrict expansion by ultra-fast fashion companies.
Chinese fast-fashion brand Shein is leaving the BHV department store in Paris's Marais district. The move comes after several months of controversy surrounding its presence at the location. High-end brands including Dior and Guerlain also left BHV. Critics said Shein's low-cost and high-turnover operations harmed French retail businesses.
The bill under review aims to curb growth of companies operating on similar models. Lawmakers will examine measures during the committee process that begins today. The review occurs amid ongoing discussions about the effects of rapid-turnover fashion retail in France.
ForbesA three-time U.S. Olympian was arrested June 20 after touching a floating strip of blue coating in the Lincoln Memorial Reflecting Pool. President Trump accused vandals of sabotaging the $14 million renovation and said repairs would begin immediately.
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