China's fast fashion retailer Shein is facing a lawsuit that claims the clothing maker's copyright infringement is so aggressive, it amounts to racketeering.
In an organized effort to create as many as 6,000 new items per day, Shein uses a “byzantine shell game of a corporate structure” to rip off designers, a coordinated illegal operation that can best be combated through the use of RICO statutes, according to the lawsuit.
“At issue here, inexplicably, are truly exact copies of copyrightable graphic design appearing on Shein products,” the civil lawsuit states. Shein hasn’t said whether it plans to go public this year, but there are reports that the company is raising money in anticipation of a U.S. listing before the end of the year.
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