Penny Tax Threatens Fast Fashion and Promotes Sustainability

Photo Credit: Getty Images/iStockhoto As fast fashion companies such as ASOS, H&M, Missguided, and more continue to flood mass markets, Britain’s Environmental Audit Committee proposes a penny-per-garment tax. UK’s stance against the fast fashion industry will not only tackle citizen’s disposability habits but also fund a 35 Million Euro Clothing Recycling Program in efforts to …