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Shein calls for more uniform EU rules to support expansion and proposes a single registry Image: Captura de pantalla

Shein calls for more uniform EU rules to support expansion and proposes a single registry

From El Universal · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Shein executive Christina Fontana said fragmented enforcement of EU e-commerce rules creates about 120 compliance obligations for companies operating across European markets.
  • She proposed a single European registry, including for extended producer-responsibility requirements covering product and packaging waste.
  • Shein considers Spain an important market, with offices in Madrid and Barcelona and more than 1,000 sellers using its platform in Spain and other European markets.

Shein wants Europe to make its e-commerce rules more uniform. Christina Fontana, the company’s brand director for Europe, the Middle East and Africa, said fragmented enforcement across EU member states makes international expansion especially difficult.

Speaking at the 40th Digital Economy and Telecommunications Meeting organized by Ametic in Santander, Spain, Fontana said a company selling across several European markets may face roughly 120 regulatory compliance obligations. Although EU rules are intended to be harmonized, she said their application remains “quite fragmented.”

Fontana proposed a single European registry and a harmonized approach to reduce administrative complexity and allow operators to meet the same requirements under equal conditions. She highlighted extended producer-responsibility rules, which cover waste generated by products and their packaging, as an example of the difficulties businesses face.

quite fragmented

— Christina FontanaShe described how EU member states apply e-commerce rules differently despite the bloc’s harmonization goals.

She also argued that e-commerce platforms help Spanish companies expand internationally without having to build their own commercial infrastructure in each of the EU’s 27 countries. Spain, she said, is a “very important” market for Shein. The company has offices and dedicated teams in Madrid and Barcelona, while more than 1,000 sellers already market products through its platform in Spain and other European markets.

The comments came as Shein made an anticipated stock-market debut in Hong Kong. Its shares opened at 48.56 Hong Kong dollars, the price set for about 280 million shares, then fell as much as 10% before moderating to a 4% decline by the midday break. The company’s valuation had already fallen 73% from its 2022 peak after years of delayed and abandoned plans.

very important

— Christina FontanaShe described Spain’s importance to Shein’s European business.
About this summary

Originally published by El Universal in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.