
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

Mattel renews licensing deal with Warner Bros. Discovery
Toy maker Mattel is renewing its licensing deal with Warner Bros
2023-07-26 00:54

UPS reaches tentative contract with 340,000 unionized workers potentially dodging calamitous strike
UPS has reached a contract agreement with its 340,000-person strong union Tuesday, averting a strike that had the potential to disrupt logistics nationwide for businesses and households alike
2023-07-26 00:23

Nigeria's suspended Central Bank governor appears in court more than a month after his arrest
Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition
2023-07-26 00:21

Recall Alert: These Trader Joe’s Cookies May Contain Rocks
Here’s how to know whether to toss your Trader Joe’s cookies.
2023-07-26 00:21

US consumer confidence jumps to highest level since July 2021
High interest rates aren't souring Americans' moods: A key measurement of consumer confidence just shot up to a level not seen since July 2021.
2023-07-25 23:56

UPS and Teamsters reach a labor deal, potentially avoiding a crippling strike
UPS and the Teamsters have reached a tentative deal on a new contract. That could potentially avoid a strike, which could have started as soon as next week and crippled US supply chains.
2023-07-25 23:50

European Stocks on Longest Winning Streak Since Jan; Miners Jump
European shares rose for a sixth straight day, the longest streak since January, as miners rallied on China
2023-07-25 23:45

No successor named for Lebanon central bank chief: deputy PM
Crisis-hit Lebanon -- which has no president and is ruled by a caretaker government -- will also have to go without a central bank chief from next...
2023-07-25 23:30

Chevy Bolt EV Returns From Near-Death as GM Prepares New Model
When General Motors Co. said recently that it would cease production of the Chevrolet Bolt this year, it
2023-07-25 23:28

Meta, Microsoft, hundreds more own trademarks to new Twitter name
Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft (already have intellectual property rights to the same letter.
2023-07-25 23:27

'Sound of Freedom' is a box office hit. It has an unusual ticket strategy
"Sound of Freedom," a movie about a US federal agent who quit his job to chase child sex traffickers, has become what is, by the numbers, a summer blockbuster, taking in around $125 million in theaters since its debut. But it's relying on an unusual strategy to boost ticket sales.
2023-07-25 23:23