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Helen Scurfield, CEO at Asendia Returns, explains how new EU regulations will impact retailers selling into the EU and what it all means for e-commerce returns.
- Ecodesign for Sustainable Product Regulations (ESPR)
- Destruction of unsold goods is now prohibited in the EU
- Affects retailers selling in the EU - even if not registered in the EU
- Potential impact of these regulations on returns on carriers or partners involved in returns
- Compliance obligations on retailers
- Shift in how retailers approach returns - including allowing customers to keep items
- Impact on circular economy
- Returns fraud
- Gradual expansion of new EU regulations to include all retailers, regardless of size
- Will non-EU retailers handle returns within the EU?
- Broader impact on e-commerce returns and resale markets
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