Luxury Daily
World’s leading luxury business publication
Aug. 1, 2021
  1. Hermès sees robust 77pc growth y-o-y in first half
  2. Day’s wrap: Hermès, LVMH, Bentley and Bloomingdale’s
  3. Luxury brands join Generation Equality Forum
  4. Introducing Luxury Women to Watch 2021
  5. Audi highlights passion, progress in new film series
  6. Zenith inspires younger consumers with new ambassador effort
  7. Relationship between luxury, gamification is evolving in real-time
  8. Chanel marks century of N°5 with high jewelry tribute
  9. Bentley surpasses best full-year profits in record first half
  10. Louis Vuitton, Lauren Santo Domingo bring summer bags to the Hamptons
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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. Hermès sees robust 77pc growth y-o-y in first half
  2. Day’s wrap: Hermès, LVMH, Bentley and Bloomingdale’s
  3. Luxury brands join Generation Equality Forum
  4. Introducing Luxury Women to Watch 2021
  5. Audi highlights passion, progress in new film series
  6. Zenith inspires younger consumers with new ambassador effort
  7. Relationship between luxury, gamification is evolving in real-time
  8. Chanel marks century of N°5 with high jewelry tribute
  9. Bentley surpasses best full-year profits in record first half
  10. Louis Vuitton, Lauren Santo Domingo bring summer bags to the Hamptons
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