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France Introduces Fees for 'Ultra-Fast Fashion' Imports
Confirmed
A spokesperson for Temu previously told the BBC that the brand "acknowledges the important environmental concerns addressed by the proposed French legislation", and argued that it does not operate as a fast fashion company because it is a marketplace and does not manufacture its own products.
“Let global consumers enjoy the sound of fashion,” said Leigh Gui, Shein’s chief financial officer, after a gong was struck to mark the start of trading. After forced labour concerns were raised , Shein said it had tightened its supplier policies, enforced through regular audits, with any child or forced labour violations becoming grounds for immediate termination of contract.
Under the legislation, ultra-fast fashion will be determined according to two factors: the volume of clothing placed on the market and the cost of repairing garments relative to their purchase price. French minister Mathieu Lefevre said the "harmful effects of ultra-fast fashion" on the environment and economy were "well known".
The EU is also cracking down on the loophole, introducing a €3 (£2.56) duty on small parcels imported from outside the trading bloc in June, and intends to phase it out, while the UK has said it will do the same by October 2028.
The lacklustre launch as a publicly listed company comes after one of the longest-awaited initial public offerings in recent years, after plans to list in New York were blocked by regulators over forced labour concerns. China’s commerce ministry has called the French law discriminatory and a trade barrier and said it could be in violation of World Trade Organization principles.
What's confirmed
What's still developing
- French minister Mathieu Lefevre said the "harmful effects of ultra-fast fashion" on the environment and economy were "well known".
- Under the legislation, ultra-fast fashion will be determined according to two factors: the volume of clothing placed on the market and the cost of repairing garments relative to their purchase price.
- A spokesperson for Temu previously told the BBC that the brand "acknowledges the important environmental concerns addressed by the proposed French legislation", and argued that it does not operate as a fast fashion…
- “Let global consumers enjoy the sound of fashion,” said Leigh Gui, Shein’s chief financial officer, after a gong was struck to mark the start of trading.
- The lacklustre launch as a publicly listed company comes after one of the longest-awaited initial public offerings in recent years, after plans to list in New York were blocked by regulators over forced labour concerns.
- The EU is also cracking down on the loophole, introducing a €3 (£2.56) duty on small parcels imported from outside the trading bloc in June, and intends to phase it out, while the UK has said it will do the same by…
- China’s commerce ministry has called the French law discriminatory and a trade barrier and said it could be in violation of World Trade Organization principles.
- After forced labour concerns were raised , Shein said it had tightened its supplier policies, enforced through regular audits, with any child or forced labour violations becoming grounds for immediate termination of…