Over the past year, there's been a huge influx of Chinese goods into the European market.
One of the biggest companies selling these goods is Sheehan,
the company famous for fast fashion and low prices.
In November,
Sheehan opened its first permanent store in Europe and a popular department store in Paris.
Tell me about what happened when Sheehan opened a store in Paris.
Chaos, absolute chaos.
That's our colleague Chelsea Delaney.
It was chaotic because there were tons of people lining up, eager to shop.
And right next to them, angry Parisians who wanted Sheehan out of their city.
It was intense, you know, a lot of French retailers and politicians.
were very upset about it.
Some departments or workers held a strike outside or held a protest.
They went on strike for a day.
So even just the announcement that this was coming had caused a huge stir in Paris and in France.
The flood of cheap Chinese goods into Europe has been swift,
and there is one very specific reason these companies are suddenly so focused there.
After the tariffs went into effect into the US, China needed new places to sell all that stuff.
It was no longer selling to the US, and Europe looked like the perfect place.
Welcome to The Journal, our show about money, business, and power.