Luxury Brands Including Burberry Burn Stock Worth Millions

Fashion is a fickle business. It is also a very wasteful one, at least according to Burberry’s Fashion latest accounts.

The upmarket label has destroyed more than £28 million of unwanted products over the past year. Even at its notoriously high prices, that is the equivalent of more than 20,000 of its signature trench coats.

The company’s ability to read the fashion runes also appears to be worsening, with the value of its waste up 50 per cent in two years and almost six times greater than in 2013. More than £90 million of Burberry products have been destroyed over the past five years.

Click here to read more.
Source: Relevant Magazine
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at WordPress.com.

Up ↑

Create your website at WordPress.com
Get started
%d bloggers like this: