BROffshore insists that it does. Your argument is invalid.
They don't shed at all. I have one.
I explained above but they have hair, not fur.
If you never groomed them and cut their hair, they would look like Cousin It - it would just keep growing and growing.
You do have to either spend time or money grooming them because they can get really matted up if you don't keep up with their hair.
That time and money is worth not having everything in your house covered in hair.