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Covid-19 has made most shoppers cost-conscious this holiday season, but those with cash to burn are still finding ways to splurge. As retail sales in general suffer, luxury fashion the previously owned kind is flying off the shelves.
Peer-to-peer online luxury consignment shop Tradesy reported a jump in sales over the past few weeks. Customers are stocking up on used high-end shoes, jewelry and handbags. The Santa Monica, California-based company usually doesn’t see a spike in purchases this time of year, said Tradesy Chief Executive Officer Tracy DiNunzio. But 2020 is different.
Sales of rings this month soared 92% compared with last year, DiNunzio said, Cartier being a customer favorite. Sales of Saint Laurent boots meanwhile climbed 36%. She attributes her increased sales to a sense among consumers of doing their part leaning toward sustainability in a time of crisis.
Portsmouth city councilors reversed course Monday night and voted to allow ordinances banning distribution of single-use plastics on city land and Styrofoam containers citywide to go into effect at the end of this year.
Enforcement of the Styrofoam ban with penalties will not start until Sept. 30. Right now, those penalties are up to the discretion of the cityâs legal department.
During their meeting on Dec. 7, councilors voted to consider postponing implementation of the bans until Dec. 31, 2022.
A number of teenagers in the community spoke out against the potential delay. At Monday nightâs virtual city council meeting, the president of Portsmouth High Schoolâs Eco Club said she was heartbroken when she heard about it.
Wednesday, December 23, 2020
Legislation Highlights
This bi-partisan effort to reduce marine plastics and encourage recycling is supported by industry groups, including the American Chemistry Council and the Solid Waste Association of North America.
Federal funding for research is combined with private funding of a “Genius Prize” and other innovation incentives.
The Act requires development of federal definitions and testing/measuring for microfibers and microplastics that can impact industries including textiles, petrochemicals, consumer goods, and more.
A multi-pronged approach is taken to address pollution from derelict fishing gear.
Expect increased U.S. participation in international negotiations related to plastics pollution.
The Act will strengthen domestic infrastructure to prevent the creation of new marine debris.
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