illuminem summarizes for you the essential news of the day. Read the full piece on Euronews  or enjoy below:

🗞️ Driving the news: Italy's Competition Authority has launched an investigation into Shein's website operator, Infinite Styles Services Co, over potential greenwashing
• The probe focuses on misleading environmental claims related to Shein's sustainability efforts, particularly in sections like "#SHEINTHEKNOW" and “evoluSHEIN”

🔭 The context: The investigation comes amid a broader EU crackdown on greenwashing, with new regulations like the Green Claims Directive requiring companies to substantiate sustainability claims
• Fashion, in particular, has been targeted due to its significant environmental impact and misleading green claims in advertising

🌍 Why it matters for the planet: Greenwashing misleads consumers and undermines efforts to promote truly sustainable consumption
• The fashion industry's environmental footprint, including textile waste and greenhouse gas emissions, makes transparency and accurate sustainability claims critical

⏭️ What's next: Shein has pledged to cooperate with Italian authorities and provide necessary information
• The investigation's outcome could set a precedent for fashion retailers making environmental claims across the EU

💬 One quote: "SHEIN is ready to cooperate openly with relevant Italian authorities," said a Shein spokesperson

📈 One stat: Only 22% of post-consumer textile waste is collected for reuse or recycling in the EU

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