Helena Lyng Blak
37 weeks ago

The French fight against fast fashion

France’s lower house approves bill penalizing fast fashion companies.
Clothes on hangers
Creative Lab / Shutterstock.com

On Thursday, France’s lower house of parliament unanimously passed a bill targeting "fast fashion" companies, advancing it to the Senate.

The bill, according to CNN, seeks to penalize so-called "ultra-fast fashion" companies such as Shein or Temu.

Vogue Business reports that the proposal would penalize textile climate offenders with annually rising increments of up to €10 per garment by 2030, ban fast fashion companies from advertising in France, and require companies to display information about each product’s environmental impact, as well as instructions on how to repair, reuse, and recycle, alongside the product’s price on websites and apps.

While some have called the bill "pioneering", Vogue also highlights criticisms due to the bill’s vague definition of "fast fashion". It remains unclear whether the bill will apply only to the aforementioned "ultra-fast fashion" companies like Chinese Shein and Temu or if it will also impose regulations on more traditional fast fashion companies, most notably the influential - and European - firms Zara and H&M.

French Minister for Ecological Transition and Cohesion of Territories, is nevertheless enthusiastic about the bill, writing in a post on X that the bill is a “major advancement” and that “a big step has been taken to reduce the environmental footprint of the textile sector.”

Disclaimer

The information provided by this Site is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

More News

24 weeks ago Analysis: New Debate Rules Favor Biden New rules announced for the June 27th debate between Joe Biden and Donald Trump serves the President well.
24 weeks ago StanChart Becomes Among the First Global Banks to Launch Spot Crypto Trading StanChart breaks new ground by launching spot trading for Bitcoin and Ether, leading the charge among global banks in the cryptocurrency space.
24 weeks ago Crypto, Currently: June 21, 2024 - Market Bears Down on Major Cryptos Daily update on the five cryptocurrencies, we consider the most interesting right now.
24 weeks ago FX Daily: June 21, 2024 – Forex Market Update Daily update from the foreign exchange markets.
24 weeks ago Amazon Plans To Make Largest Reduction of Plastic Packaging in North America To Date Amazon's response to mounting criticism over its plastic waste with a new reduction plan.
24 weeks ago Ex-OpenAI Chief Scientist Ilya Sutskever Launches New Company Amid Criticism of ChatGPT Parent's Board Appointments Ilya Sutskever, former chief scientist at OpenAI, has co-founded a new company, Safe Superintelligence Inc., amidst ongoing scrutiny of OpenAI’s recent board appointments.
24 weeks ago FX Daily: June 20, 2024 - Mixed Movements in Global Currency Markets Daily update from the foreign exchange markets.