#Fashion Industry

A ban on destroying unsold clothing has come into force in the European Union. Large brands cannot burn or throw away items from 2026 onwards — they will have to resell or recycle them. We analyze how the new ESPR regulation will change the fashion market and the environment 🌍👗🚫

The crisis in the Strait of Hormuz will hit not only the gas pump but also your wardrobe. 🛢️👗 Synthetics are a petrochemical product, so rising oil prices will inevitably lead to more expensive clothing. Budget brands are under threat from the first wave. 📉