4 ms·

Clothing has a huge profit margin (when manufactured overseas) especially at the higher end (for brands which do not invest in local production, which is most,

Clothing has a huge profit margin (when manufactured overseas) especially at the higher end (for brands which do not invest in local production, which is most, because it is also hard to beat Chinese quality). It's better for these brands to over-produce on some items and lose the low-cost inventory, than to under-produce and not meet market demand, to not offer a range of sizes and varieties to meet individual taste, and not achieve wide distribution that's necessary to grow market demand. That's why regulation is needed here.

ch4s3 8mo ago
I get he economics, but I don’t think it follows that it’s a problem governments need to involve themselves in.
- ragall 8mo ago
  You might not think that, but EU citizens think otherwise.
  - ch4s3 8mo ago
    Did they vote for the bureaucrats in Brussels that wrote the regulation?
    - ragall 8mo ago
      Irrelevant. If you want to put it that way, USians don't vote for their president either.
    - sehansen 8mo ago
      Just as much as they voted for the individual government ministers in their own country.
- wahnfrieden 8mo ago
  What’s your big idea
  - ch4s3 8mo ago
    Do nothing here, because it’s probably not a real problem. There’s opportunity cost in spending time on nonsense.