Platform aims to promote circular fashion and reduce landfill waste
- Ebay UK has scrapped selling fees for pre-worn clothing
- Items already listed on the platform will also benefit from no selling fees
- The move is aimed at encouraging circular fashion
- Consumer research found that only 25% of shoppers sell their unwanted clothes
- Depop, a rival platform, also recently removed its selling fees
Ebay UK has made the decision to eliminate selling fees for pre-worn clothing, in an effort to encourage circular fashion. This move applies to both new and existing listings on the platform. The decision was based on consumer research that revealed only a quarter of shoppers sell their unwanted clothes, despite the majority having items they haven’t worn in over a year. Ebay’s general manager of global fashion, Kirsty Keoghan, stated that the goal is to keep more clothes out of landfill and promote a circular economy for fashion. This decision follows in the footsteps of rival platform Depop, which recently removed its selling fees.
Factuality Level: 9
Factuality Justification: The article provides factual information about Ebay UK scrapping selling fees for pre-worn clothing to encourage circular fashion. It includes relevant details such as the reason behind the decision, consumer research findings, and comparison with a rival platform. The article does not contain any obvious bias, misleading information, or sensationalism.
Noise Level: 3
Noise Justification: The article provides relevant information about Ebay UK’s decision to scrap selling fees for pre-worn clothing to encourage circular fashion. It includes statistics from consumer research and quotes from Ebay’s general manager of global fashion. The article stays on topic and does not dive into unrelated territories. However, it lacks in-depth analysis, accountability of powerful people, and scientific rigor.
Financial Relevance: Yes
Financial Markets Impacted: The article does not provide information on specific financial markets or companies impacted.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses a business decision by Ebay UK to scrap selling fees for pre-worn clothing in an effort to encourage circular fashion. While this decision may have financial implications for Ebay, it does not pertain to an extreme event or have a significant impact rating.
www.retailgazette.co.uk