Luxury Daily
World’s leading luxury business publication
Jan. 29, 2020
  1. Four Seasons to double portfolio of private residences by 2025
  2. Porsche, Genesis turn to Super Bowl to court luxury's next generation
  3. Day's wrap: Luxury brands donate for coronavirus, LVMH posts record profit and Christie's 100
  4. Johnnie Walker Blue Label embraces mobile integration with smart bottle concept
  5. Travel advisors are hottest new thing that never went away
  6. Wuhan woes, Tiffany, Harrods, Fendi and Four Seasons
  7. How high price-point luxury watch and jewelry consumers shop from online to offline
  8. 42pc of British luxury is exported to EU. What happens now with thumping Tory victory?
  9. LVMH posts record 2019 revenue of $59.1B, up 15pc from prior year
  10. Ralph Lauren goes back to basics with new Denim & Supply brand
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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. Four Seasons to double portfolio of private residences by 2025
  2. Porsche, Genesis turn to Super Bowl to court luxury's next generation
  3. Day's wrap: Luxury brands donate for coronavirus, LVMH posts record profit and Christie's 100
  4. Johnnie Walker Blue Label embraces mobile integration with smart bottle concept
  5. Travel advisors are hottest new thing that never went away
  6. Wuhan woes, Tiffany, Harrods, Fendi and Four Seasons
  7. How high price-point luxury watch and jewelry consumers shop from online to offline
  8. 42pc of British luxury is exported to EU. What happens now with thumping Tory victory?
  9. LVMH posts record 2019 revenue of $59.1B, up 15pc from prior year
  10. Ralph Lauren goes back to basics with new Denim & Supply brand
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