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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’

By Joice Alves LONDON The yen fell on Monday to near eight-month lows against the dollar as investors

MANSFIELD, Texas--(BUSINESS WIRE)--Jun 21, 2023--

China's economy is expected to have seen moderate growth in the third quarter, according to an AFP survey ahead of data this week, while experts warn that there were...