In a bid to halt over-consumption, France is looking to impose a fast fashion tax. The first of its kind, the bill has so far been backed by France’s lower house of parliament.
A vote took place this month (March 2024) but for it to go ahead it still requires a vote in the senate before coming into effect.
What Does The Bill Mean?
The historic bill would make France the first country in the world to impose a tax on fast fashion. With textile accounting for 10% of greenhouse gas emissions, the law is primarily environmental. However, it would also give the country’s homegrown brands a chance to flourish. A lot of French local brands struggle with their high production costs and cheaper rivals.
This move could set a precedent for other countries to follow suit with a similar law. The law would be a big step towards limiting excessive production within the fashion industry.
What Does France’s Potential New Fast Fashion Law Entail?
As of now, what we know the new law could include is the following:
- A clear definition of what constitutes as fast fashion
- A ban on advertising ultra-cheap textiles
- An environmental tax on low-cost fashion items
- Fast fashion producers must be transparent with customers about the environmental impact of their business
- An initial tax of €5 per item, rising to €10 by 2030 (the charge cannot exceed 50% of an item’s price)
- The tax will be used subsidize producers of more eco-friendly clothing
- Penalties for producers who break the rules
How To Shop Fashion More Sustainably
The best way to shop more sustainably is to: shop less and shop better. This means rewearing the items you have and having them fixed if need be. It also means making better choices when deciding on those initial purchases.
The single best way to shop is on the second-hand market. This could mean thrift stores, vintage stores, or designer resale. myGemma is an authenticated resale luxury company, with a wide range of designer brands on offer, such as Hermès and Chanel.
Whether you are looking for your next luxury watch or designer handbag, myGemma has a large selection of choices. Each and every item that goes onto the website has been expertly authenticated beforehand by an in-house member of the team.
How To Sell Designer Accessories Online
If you are looking to part ways with some of your designer accessories, myGemma also buys directly from you. There is no middleman involved and no hidden fees, which means the price you are offered is the price you get.
The entire selling process is designed to be efficient and quick. From price quote to payment, it can take as little as 24 hours. Fill out the online form to get started.
Choosing to sell your accessories on the resale market is not only a great choice for your wallet, but for the planet too. When you sell to myGemma, you give your items a new lease on life.
In partnership with Ecologi, myGemma plants a tree every time you buy or sell with us. On top of that, when you buy from myGemma, ten plastic bottles are removed from the ocean.
