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Thursday 19 July 2018

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…)



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