
H&M sues fast fashion retailer Shein for copyright infringement
H&M has filed a lawsuit against infamous fast fashion retailer Shein for copyright infringement, according to court documents filed in Hong Kong. Hennes & Mauritz, the Swedish fashion brand more commonly known as H&M, has accused Zoetop Business Co – the Hong Kong-based entity that previously owned Shein – as well as Shein Group Ltd of copying its designs in the new lawsuit. H&M is seeking unspecified damages and an injunction to stop Shein from infringing on its copyright and trademarks. According to Bloomberg, the filing included photos of dozens of items – such as swimwear and sweaters – that H&M claimed was evidence Shein had stolen its designs. In a statement, an H&M spokesperson confirmed to Bloomberg it filed a lawsuit against Shein in Hong Kong, claiming the fast-fashion competitor “in multiple cases has infringed on our designs”. The next hearing is slated to take place July 31. More follows… Read More Fast fashion retailer Shein accused of racketeering and copyright infringement in lawsuit Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations Italian designer launches scathing attack on Shein over ‘stolen ideas’: ‘Maybe I am the fool’
2023-07-26 00:55

Surf Air Mobility expects NYSE debut on July 11
Electric aviation and regional air travel company Surf Air Mobility said on Thursday it expects the company's shares
2023-06-23 03:58

$3.4M fine proposed over 2021 California oil pipeline leak
A federal agency is proposing a nearly $3.4 million fine for an energy company over a 2021 oil pipeline spill that fouled Southern California beaches
2023-05-10 08:26

DeSantis unveils new economic policy that targets China, taxes and regulations
Republican presidential hopeful Ron DeSantis is taking aim at China with a 10-point economic plan he's calling a “Declaration of Economic Independence.”
2023-07-31 23:56

China’s Spy Agency Vows Crackdown on Foreign Weather Stations
China’s spy agency is cracking down on weather stations with foreign links it says pose a threat to
2023-10-31 11:49

MGM Hackers Waited for Days Before Issuing Their Ransom Demands
MGM Resorts International Chief Executive Officer Bill Hornbuckle chose not pay a ransom to hackers who broke into
2023-10-11 09:29

Who is Gianna Wurzl? 'Hack my Home' host Brooks Atwood's CEO wife raised over $10M in funding for her companies
Brooks Atwood's wife Gianna Wurzl runs two design companies and dubs herself a 'serial entrepreneur'
2023-07-07 13:57

What to stream this week: Drake, 'Fair Play,' Assassin’s Creed Mirage and William Friedkin last film
This week’s new entertainment releases include an album by Drake and another by Reba McEntire playing acoustic covers, the corporate thriller “Fair Play” starring Phoebe Dynevor from “Bridgerton,” and “Jane the Virgin” scene-stealer Jaime Camil hosts a new game show on CBS called “Lotería Loca.”
2023-10-02 00:20

Factbox-Big names in Big Tech to attend AI forum of US Senate's Schumer
By Kanishka Singh and Richard Cowan U.S. Senate Majority Leader Chuck Schumer will host tech leaders and experts
2023-08-31 06:17

Japan GDP growth beats expectations in first quarter
Japan's economy grew faster than expected in the first quarter, official data showed Wednesday, helped by a recovery in inbound tourism after...
2023-05-17 08:47

Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday's a busy day for European
2023-05-16 13:20

RBI Governor Says India Inflation Vulnerable to Food Price Shock
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-11-09 15:21
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