Latest news with #Couillard
Daily Mirror
18 hours ago
- Business
- Daily Mirror
EU country pays up to €25 to repair your clothes and abstain from fast-fashion
This county's scheme to push it's consumers away from 'fast-fashion' brands like Shein and Temu offers shoppers up to €25 per repair for old clothes and shoes and advocates for "virtuous" purchasing France's scheme to encourage the public to repair their existing clothes and shoes instead of purchasing new items could make you some extra cash, as you save from not throwing old ones away. Launched in October 2023, France's bonus scheme was put in action, offering a discount of €6 (£5) and €25 (£21) per repair after their Junior Ecology minister, Bérangère Couillard, protested the 700,000 tonnes of clothing that's dumped in France's landfill's each year in 2023. Promising to contribute €154m (£131m) to the scheme across the first five years, the French government aims to improve in sustainability and influencing their consumers away from 'fast-fashion' brands such as Shein and create new jobs by supporting the repair industry. Couillard had suggested for "all sewing workshops and shoemakers to join the system" that rebates €7 for a new heel for old shoes and €10-€25 for new lining to be added to a jacket, skirt or other garment, reported the BBC at the time. Couillard also said that the government's commitment dealing with the overwhelming rise of 'fast fashion' is "external" as it wishes for the French public to opt for more "virtuous" purchases and to repair them rather than contributing to the dark side of consumer-landfill. A group asked to set up said scheme, named Refashion, claims 3.3. billion items - including clothing, homeware textiles and footwear - were added to France 's market in 2024. And whilst the impressive goal is a step forward in the right direction for sustainability and climate change, some But not everyone is happy about the approach. Right-wing French MP, Eric Pauget, highlighted that the government was already stuck in debt of €3trillion (£2.5trillion) and that they should "stop throwing the French public's money out of the window". Working for the Haute Couture and Fashion Federation, Pascal Morand shared his worry for the potential effect the new scheme would have on luxury brands. Speaking to Le Monde newspaper, he said: "A silk organza shouldn't be judged as less durable than a polyester one based purely on its physical resistance". Help us improve our content by completing the survey below. We'd love to hear from you! An addition to the sustainability motion is an enforced labelling system that insists items are detailed with their environmental impact. This new rule came into action on 1 January 2024 and is still in effect. France's rules now mean that manufacturers list the amount of water needed to make and item of clothing, as well as the chemicals involved, the level of microplastic emissions risk and whether the product has any recycled materials in them. Whilst the country is one Europe's largest fashion exporter, with an average of 35.7 billion euros of export revenue according to Fashion United and Institut Francais de la Mode, from November 2018, it has seen a noticeable decline in recent years. Fashion United reports that in 2020 French consumers dipped below the European average, spending around €430 on clothing. France now plans to band 'fast-fashion' giants Shein and Temu in its continued efforts of sustainability.
Business Insider
04-06-2025
- Business
- Business Insider
Analysts Offer Insights on Healthcare Companies: Exact Sciences (EXAS) and Arcus Biosciences (RCUS)
There's a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Exact Sciences (EXAS – Research Report) and Arcus Biosciences (RCUS – Research Report) with bullish sentiments. Confident Investing Starts Here: Exact Sciences (EXAS) In a report issued on June 2, Brandon Couillard from Wells Fargo maintained a Buy rating on Exact Sciences, with a price target of $68.00. The company's shares closed last Tuesday at $54.84. According to Couillard is a 5-star analyst with an average return of 14.1% and a 59.5% success rate. Couillard covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Bio-Rad Laboratories, and Myriad Genetics. Exact Sciences has an analyst consensus of Strong Buy, with a price target consensus of $69.94. In a report issued on June 2, Daina Graybosch from Leerink Partners maintained a Buy rating on Arcus Biosciences, with a price target of $46.00. The company's shares closed last Tuesday at $10.03. According to Graybosch has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -15.0% and a 33.3% success rate. Graybosch covers the Healthcare sector, focusing on stocks such as Turnstone Biologics Corp., Werewolf Therapeutics, and Century Therapeutics. Currently, the analyst consensus on Arcus Biosciences is a Strong Buy with an average price target of $27.88, representing a 203.4% upside. In a report issued on May 23, Barclays also maintained a Buy rating on the stock with a $14.00 price target.
Yahoo
24-03-2025
- Sport
- Yahoo
UConn students wait hours to get best seats at Gampel for next NCAA game
STORRS, Conn. (WTNH) — It was a big weekend for University of Connecticut basketball fans, and it's not over. While the men's team lost a nail-biter to Florida and is now out of the NCAA tournament, the women's team plays South Dakota State Monday night for a chance to return to the 'Sweet 16.' UConn women to face No. 10 seed South Dakota State When it comes to top UConn fans, it's hard to get more devoted than three undergrads who spent the whole night outside Gampel Pavilion to make sure they got good seats for tonight. Freshmen Jennifer Neville and Mikayla Robinson, along with senior Hannah Couillard, have been waiting in line for Monday night's game since 2 p.m. Sunday. 'Dedication at its finest,' is how Neville described it. They came prepared with drinks, snacks, and games. 'We've been filming TikTok dance videos, so that's been pretty fun,' Couillard said. 'You know, just cracking jokes, playing Uno. Having a great time, honestly. Doing whatever we can.' Florida ends UConn's bid for third straight national title with 77-75 March Madness win Robinson was also at Saturday's game, a 69-point blowout of Arkansas State. 'Getting to watch an NCAA game for the first time was so much fun for me, especially,' the freshman said. 'I love women's basketball and the energy in Gampel was amazing.' Ari Estrella joined the line around 6 a.m. to make sure she and her friend Kate get noticed at the game. 'We like to wear our Husky onesies and we want really good seats to show our school spirit,' Estrella said. It's easy to have spirit when your team has 11 women's NCAA titles going back to 1995. Hours in the cold is the way these fans are honoring the latest greats ending their time in Storrs. 'With it being Paige, Aubrey, Kaitlyn, and Azzi's, I really want it to pull through all the way and we're going to make it far, so we have to support them all the way through,' Neville said. 'It feels like a really special program, so much generational talent,' Couillard said. 'It feels like an honor to come to this school, honestly, just for the basketball team alone.' They say know that feeling will not end tonight. 'I think we still got it in the bag, for sure,' Robinson said. 'Actually, I don't think, I know. We will be making it far in the tournament, for sure. Full confidence.' There is still a lot more work before they can add another national title to the sign outside Gampel Pavilion, but with a win tonight, the women would go to their 31st consecutive Sweet 16. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
