I was thinking the exact same thing. But they also had a note saying 'nothing much has changed' which could mean that by creating an account you clicked a box to agree to a Privacy Policy and most of us simply don't remember that.
The most interesting part was about 'financial transactions'. What financial transactions? On their Shop.. does anybody buy those Coli beanies?
How do we know this information does not get sold to the FBI, CIA or the government or any cac organization?
The Coli will not sell, distribute or lease your personal information to third parties unless we have your
explicit permission or are required by law to do so. We may use your personal information to send you security information, product updates, or other information pertaining to The Coli , or your account.
They probably already have it lol