5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

eBay Waives Fees for Second-Hand Clothing Sales to Combat Fashion Waste

by
April 9, 2024
in Investing
0
eBay Waives Fees for Second-Hand Clothing Sales to Combat Fashion Waste

<?xml encoding=”utf-8″ ?????????>

eBay has made a significant move in the fight against fashion waste by abolishing fees for the sale of second-hand clothing on its platform, aiming to encourage more people to participate in the circular economy of fashion.

This decision, effective immediately, underscores the company’s commitment to sustainability and its efforts to rival prominent second-hand clothing apps like Vinted and Depop.

Starting today, eBay users can sell pre-owned clothing items, including those with tags still attached, without incurring any fees. This initiative reflects eBay’s acknowledgment of the growing importance of sustainability in consumer behavior, particularly among younger demographics attracted to platforms focused on second-hand fashion.

However, it’s important to note that the fee waiver does not extend to other fashion-related items such as trainers, watches, handbags, and jewellery. Standard seller fees still apply to these categories.

Kirsty Keoghan, eBay’s general manager of global fashion, emphasized the significance of the fee waiver in promoting a circular economy for fashion. Keoghan stated, “Free fashion selling has come at the right time for a nation sitting on billions of pounds worth of unwanted clothes.” She highlighted the ease of selling clothes on eBay and the financial benefits it offers to sellers.

eBay’s decision aligns with its broader sustainability goals, aiming to divert clothing from landfills and contribute to waste reduction efforts in the fashion industry. The company cited its role in preventing over 1,600,000 kilograms of clothing waste from reaching landfills last year through second-hand clothing sales on its platform.

The fashion industry’s environmental impact is substantial, accounting for approximately 10% of global carbon emissions. By promoting the resale of pre-owned clothing, eBay seeks to mitigate the environmental footprint of fashion consumption and foster a more sustainable approach to apparel consumption.

With this move, eBay positions itself as a leader in sustainable fashion initiatives while also addressing the evolving preferences of consumers, who increasingly prioritize ethical and environmentally conscious shopping practices.

Previous Post

Barclays Challenges Financial Ombudsman Service Over Car Finance Commission Claim

Next Post

Military in the North rejects Reds’ calls for peace talks

Next Post
Military in the North rejects Reds’ calls for peace talks

Military in the North rejects Reds’ calls for peace talks

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Wholesale prices growth of building materials in Metro Manila rise in April

    Wholesale prices growth of building materials in Metro Manila rise in April

    May 16, 2025
    Discover cooler, better sleep with Emma now at Our Home

    Discover cooler, better sleep with Emma now at Our Home

    May 16, 2025
    TOYOTA GAZOO Racing Philippine Cup invites everyone to experience the thrill of the streets on May 24 & 25

    TOYOTA GAZOO Racing Philippine Cup invites everyone to experience the thrill of the streets on May 24 & 25

    May 16, 2025
    HMO industry’s net income surges to P579M in Q1

    HMO industry’s net income surges to P579M in Q1

    May 16, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.