News Snapshot:
Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud. The complaint filed in a Washington federal court this week alleges that Temu, which has grown in popularity in the U.S, has subsidized its low prices by encouraging sellers to offer counterfeited items, stolen designs and sub-standard products. The allegations come as Shein itself is the target of lawsuits from brands and designers that have accused the company of stealing their designs and selling copycat items on its e-commerce...