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Jan. 19, 2019
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Retail

Luxury retailers’ overstock practices draw environmental scrutiny

July 31, 2018

Burbery has destroyed $38 million worth of finished goods. Image credit: Burberry.

 

By Sarah Ramirez

As brands and consumers alike increasingly prioritize strong sustainability practices, some luxury retailers are coming under fire for destroying unsold goods.

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  1. Millennials - Luxury Memo special report
  2. Sharing economy helps rather than hurts luxury brands
  3. Millennials - Luxury Memo special report
  4. Combat discount-driven retail with exclusivity, perks
  5. Register now: Luxury FirstLook 2019 New York Jan. 16
  6. Real estate firms turning to digital, personal touches to compete for buyers
  7. Future of marketing is not big data, it is big understanding: Facebook exec
  8. LVMH, Rihanna team up for luxury fashion line
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