this post was submitted on 15 Mar 2024
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France’s parliament on Thursday backed a string of measures making low-cost fast fashion, especially from Chinese mass producers, less attractive to buyers.

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[–] [email protected] 5 points 3 months ago

Bernard Arnault is lobbying against this law, because his companies make a lot of money in the Asian market, especially in China, and he fears repercussions from the Chinese government and a tariff war.