Shein to increase product safety testing after EU probe

LONDON (Reuters) -Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend $15 million on compliance initiatives this year. Shein, which sells its own-branded clothes in 150 countries, also operates a marketplace for sellers of toys, gadgets, and homeware sent directly from factories mostly in China to shoppers around the world.