this post was submitted on 16 Aug 2024
54 points (100.0% liked)

Europe

1581 readers
422 users here now

News and information from Europe 🇪🇺

(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)

Rules (2024-08-30)

  1. This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
  2. No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
  3. Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
  4. No bigotry, sexism, racism, antisemitism, dehumanization of minorities, or glorification of National Socialism.
  5. Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
  6. If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
  7. Light-hearted content, memes, and posts about your European everyday belong in !yurop@lemm.ee. (They're cool, you should subscribe there too!)
  8. Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
  9. No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)

(This list may get expanded when necessary.)

We will use some leeway to decide whether to remove a comment.

If need be, there are also bans: 3 days for lighter offenses, 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.

If you want to protest a removal or ban, feel free to write privately to the mods: @federalreverse@feddit.org, @poVoq@slrpnk.net, or @anzo@programming.dev.

founded 5 months ago
MODERATORS
 

Archived link

Former EU Commissioner Günther Oettinger will lobby for Chinese fast-fashion giant Shein. Oettinger is to advise Shein on the political climate in the European Union, as reported by Dutch media platform NOS on Wednesday. The Chinese fast-fashion giant is trying to improve its reputation against the backdrop of a planned IPO in London.

Shein has been trying to go public for some time. The Chinese fast-fashion giant first tried in New York, but the application submitted to the US authorities in June 2023 was rejected in November. Shein then set its sights on a stock exchange listing in London.

Here, and in Europe as a whole, the controversial company has also been facing challenges, however. For example, the European Union is examining options for adapting the legislation for duty-free import of cheap products.

For advice, Shein has turned to Oettinger, who held top positions in the EU between 2010 and 2019, said NOS. He has previously served as an EU Commissioner, so he has important contacts and knows exactly how things work in Brussels.

you are viewing a single comment's thread
view the rest of the comments
[–] starchylemming@lemmy.world 7 points 3 months ago

no surprise there

his incredible incompetence was blatantly clear, the corruption is too now