The New Bottom Line: Policy levers to scale resale & repair for fashion
The New Bottom Line: Policy levers to scale resale & repair for fashion
What would it take to turn resale and repair into a source of economic growth that uses fewer resources, produces fewer emissions and creates more local jobs?
That's the question at the heart of this new report. It demonstrates how a targeted mix of policy incentives could lift gross margins to 55% for resale and 41% for repair. It covers three policy shifts:
- reducing VAT/sales tax on secondhand goods and on repair services
- lowering labour taxes for jobs in resale and repair
- Extended Producer Responsibility
The report focuses on existing levers that governments can pull, not new frameworks to invent. Together, they improve margins per unit, reduce labour costs and ensure producers pay more of the true costs of linear production, giving resale and repair the conditions they need to scale.