The fight against ‘fast fashion’ seems to have become more familiar and prevalent in recent years. According to research company Coresight, with nearly all sales coming from online channels, Shein raked in about $23 billion in global revenue in 2022.
Summary of Content Initiating Eco-Conscious Contributions Reducing Taxes for “Made in France” Items Two French legislators, Anne-Cécile Violland and Antoine Vermorel-Marques, have proposed a draft law to change this situation and make efforts to slow down this explosion. An initiative by the two legislators has received praise from many quarters, including small retailers.
Municipales à Neuvecelle: Anne-Cécile Violland presents herself for a second term – Le Messager Anne-Cécile Violland became a member of the French National Assembly in 2022 Mr. Antoine Vermorel-Marques – LaLettreR Mr. Antoine Vermorel-Marques Both are aiming to promote a world where flashy ads from fast fashion brands suddenly disappear from our screens. Anne-Cécile Violland has proposed a complete ban on such fashion brand advertisements.
When fashion houses can no longer use such advertising strategies, companies will be forced to rethink their consumer targeting strategies, breaking free from the cycle of fast fashion, prioritizing quality over quantity. It’s an approach aimed at rewriting the narrative of excessive consumption in the fashion world.
Initiating Eco-Conscious Contributions
The Horizons party legislators have also introduced the concept of bringing green contributions to the ecosystem. Companies are encouraged to financially support more sustainable activities. Adjusting ecological taxes based on the environmental impact of companies could be a lever for changing the fashion market. It’s akin to rewarding top-performing students and applying financial pressure on sluggish players.
Companies will be encouraged to minimize their environmental footprint. Consumers will be informed about companies’ activities to make informed decisions. For his part, Antoine Vermorel-Marques has successfully won people over with his “bonus-malus” plan. They will impose high taxes on companies launching more than 1,000 new items per day. It rings a strong warning bell to remind businesses that overproduction is no longer acceptable.
France has put economic responsibility at the forefront of the fight against fast fashion. Companies will be forced to rethink their operations. Moreover, it allows consumers to make positive and sensible choices when wishing to support ethical brands.
Reducing Taxes for “Made in France” Items
Imagine if ‘Made in France’ suddenly had lower taxes compared to products labeled ‘Made in China.’ This strategy would revive local craftsmanship and curb the frenzy of mass-produced items.
Lower tax costs and cheaper prices would serve as leverage to stimulate demand for locally-made products, promoting more environmentally friendly fashion. And these proposals are not just words on paper. They bring hope for positive change in the fashion industry, highlighting ethical behavior, sustainability, and transparency. Now, both the government and industry figures must build a more responsible fashion world.