July 19, 2018 03:59 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/dAbb5TRF7Fw/environmentally-friendly.html
Burberry torches 28.6m worth of unsold inventory to keep prices high
In 2017, luxury fashion company Burberry set fire to 28.6m worth of unsold gear, bringing the five-year immolation tally to more than 90m; the company routinely burns unsold goods to prevent them from entering the discount market when new lines are released. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/dAbb5TRF7Fw/environmentally-friendly.html
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