logo-loader
viewBurberry Group PLC

‘Fast Fashion’ draws ire of MPs on environmental waste concerns

Mary Creagh MP has written to the heads of companies with large clothing lines as part of an investigation into how the UK fashion industry can reduce its environmental footprint

Clothing rack
235mln items of clothing were sent to landfills last year

The chair of the UK’s Environmental Audit Committee has written to the bosses of several large clothing retailers as part of an investigation into the impact of ‘Fast Fashion’ amid concerns of wastage and clothes dumping.

Mary Creagh MP has written to the heads of companies with large clothing lines, including Marks and Spencer Group PLC (LON:MKS), Primark (owned by Associated British Foods PLC (LON:ABF)), Next PLC (LON:NXT), Tesco PLC (LON:TSCO), Asda, and Sports Direct International PLC (LON:SPD), as part of an investigation into how the UK fashion industry can reduce its environmental footprint.

90% of workers paid below minimum wage

The call comes at a time when the trend of ‘Fast Fashion’, when clothing lines are only designed to last for a few months, has led to an increase in the number of clothes being sold and by extension, the amount of clothing being dumped.

Submissions to the committee have shown that per head of population, the UK consumes 26.7kg of new clothing, the highest in Europe, with 235mln items sent to the landfill last year.

According to a submission from the Institute of Mechanical Engineers, the global fashion industry produced more carbon dioxide emissions in 2015 than international flights and maritime shipping combined.

There is also concern around exploitative employment practices in the garment industry, with the British Retail Consortium telling the committee up to 90% of workers were paid below the national minimum wage.

Burberry turns off the heat after landing in hot water

The developments follow a decision by luxury fashion brand Burberry PLC (LON:BRBY) in September to end its practice of burning unsold luxury goods in its collection following a backlash against its environmental record.

The retailer also decided to stop using real fur such as rabbit, fox, mink and Asiatic racoon in its ranges after receiving criticism from animal rights campaigners.

READ: Burberry to stop burning unwanted luxury goods and using fur in ranges

Burberry confessed in July that it destroyed £28.6mln worth of unwanted items in the financial year to end of March to avoid them being sold at lower prices, which could cheapen the brand.

The issue isn’t just limited to clothing, with Cartier and Montblanc owner Richemont saying it would buy back watches from dealers to prevent overstocking while also recycling the precious stones and metals in its high-end pieces.

Quick facts: Burberry Group PLC

Price: 2094 GBX

LSE:BRBY
Market: LSE
Market Cap: £8.52 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: ADM Energy CEO to use strong local knowledge to land deals

ADM Energy (LON:ADME) CEO Osamede Okhomina grew up in the UK but knows Nigeria inside out. "It's about knowing how to deal with each tribal culture and getting the best from each negotiation.." says Cambridge-educated Okhomina. ADME is a natural resources investment company but Okhomina would...

1 hour, 37 minutes ago

RNS

Transaction in Own Shares

10 hours, 10 minutes ago

Transaction in Own Shares

1 day, 10 hours ago

Transaction in Own Shares

2 days, 10 hours ago

Transaction in Own Shares

3 days, 10 hours ago

Transaction in Own Shares

6 days, 10 hours ago

Transaction in Own Shares

1 week, 1 day ago

3 min read