With the new Waste Law, the disposal of excess textiles is no longer an option for the fashion industry. Tekstila provides a viable way to manage the waste derived from the production of clothing that remains unsold.
Main changes in the law
The new regulations advocate for circular economy strategies. They aim to encourage more sustainable business models that can reduce the environmental burden and leave behind single-use disposable products.
The new policies have had a considerable impact on the textile industry. The destruction of unsold textile goods is banned from 2021. In 2022, collecting post-consumption textile materials will be mandatory. This will involve the recovering of these materials to give them a ‘second life’ through recycling or reusing.
The destruction of unsold clothing is considered a serious breach of the preliminary draft Law on Waste and Soils. Failure to comply with the new law might expose companies to financial penalties ranging from €1,000 to €50,000 per infraction. The law may also provide for disqualification from operating in the textile industry and the revocation or suspension of license.
The new law secures greater accountability of wholesale brand suppliers, which will be hard-pressed to adapt quickly despite major technological challenges. The agenda for sustainable development which underpins these policies are expected to culminate in 2025, with the creation of a recycling association like Ecoembes in Spain, dedicated to clothing
Now, how can we help you manage your stock?
In Tekstila, we work with fashion brands like you, helping them to reduce the number of unsold goods in a legitimate, sustainable, and cost-effective manner. You will be able to make room in your stores and increase your liquidity in a record time. Bank on the push towards economic circularity with us by your side!
We buy the unsold stocks at the end of every collection directly from the brand and transfer them to the international market. Our strict adherence to the law and total commitment to confidentiality makes us one of the leading companies in the textile sector. Providing transparency and traceability in all our operations, so your brand is always protected.
In a nutshell, in Tekstila we offer you an integrated system of services to help you manage your wholesale branded stock most cost-effectively. We will deal with everything for you so that you can just sit back and enjoy the ride. Law compliance was never that easy!