That is a crazy amount.
EU bans the destruction of unsold apparel, clothing, accessories and footwear
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Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#12Can they ship it outside the EU and then destroy it? What happens if truly nobody wants those clothes? Why not just put a carbon tax per weight?
from TFA
> companies are encouraged to manage their stock more effectively, handle returns, and explore alternatives such as resale, remanufacturing, donations, or reuse.
Worst case would be recycling the fibers, presumably.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#13Earlier quoted context omitted.
>What happens if truly nobody wants those clothes In theory companies would eventually be forced to produce less items nobody wants, although this is just an additional incentive in that natural process.
That doesn't really make sense, losing your whole investment is already a strong incentive to not produce something you can't sell.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#14Can they ship it outside the EU and then destroy it? What happens if truly nobody wants those clothes? Why not just put a carbon tax per weight?
>What happens if truly nobody wants those clothes In theory companies would eventually be forced to produce less items nobody wants, although this is just an additional incentive in that natural process.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#15Can they ship it outside the EU and then destroy it? What happens if truly nobody wants those clothes? Why not just put a carbon tax per weight?
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#16Seems bizarre. It's not like companies didn't want to sell it--they'd prefer to have the revenue. This is just kicking them then while they're down. I wonder if it will reduce risk-taking since it increases the downside of launching an unpopular product.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#17Seems bizarre. It's not like companies didn't want to sell it--they'd prefer to have the revenue. This is just kicking them then while they're down. I wonder if it will reduce risk-taking since it increases the downside of launching an unpopular product.
I understand this argument in engineering and medical fields, but in clothing industry, does incentivising risk and innovation really matter that much?
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#18Earlier quoted context omitted.
>What happens if truly nobody wants those clothes In theory companies would eventually be forced to produce less items nobody wants, although this is just an additional incentive in that natural process.
I would think the incentives to produce things no one wants would already be pretty low.
This can be profitable for the customer, if they can't just easily get rid of those 1000 they can't sell, it's presumably less profitable.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#19Seems bizarre. It's not like companies didn't want to sell it--they'd prefer to have the revenue. This is just kicking them then while they're down. I wonder if it will reduce risk-taking since it increases the downside of launching an unpopular product.
That is a feature, not a bug. Risk-taking in "apparel, clothing, accessories and footwear" which results in wasted resources is not something to incentivise.
Re: EU bans the destruction of unsold apparel, clothing, accessories and footwear
#20https://www.ifc.org/en/insights-reports/2023/strengthening-s...