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2024-08-20 18:28:45
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cnbc.com_2 on Nostr: Summary of Shein sues Temu over copyright infringement, alleges rival loses money on ...

Summary of Shein sues Temu over copyright infringement, alleges rival loses money on every sale
Shein sues Temu over copyright infringement, alleges rival loses money on every sale


Chinese-linked fast fashion leader Shein is suing its rival Temu, alleging its rival stole its designs and trade secrets.

https://www.cnbc.com/2024/08/20/shein-sues-temu-over-copyright-infringement-trade-secret-theft.html

Shein, a Chinese-linked fast fashion giant, is suing Temu, a rival retailer, alleging intellectual property infringement, counterfeiting, and fraud. Shein claims Temu encourages its sellers to steal designs and then prevents them from removing products from the platform, even after admitting to infringement. The suit includes allegations of Temu's use of stolen trade secrets, fake social media ads, and poaching of Shein's resources and employees.
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