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Aug. 20, 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. Should luxury brands embrace TikTok?
  2. YSL Beauty explores boundary-breaking heritage through scent
  3. 2019 luxury spend expected to grow highest in UK
  4. Consumers willing to pay premium for convenience: Euromonitor
  5. YouTube launches in-video virtual makeup try-ons
  6. Emotionally intelligent companies offer better customer experience
  7. Last chance to register for the luxury property and home furnishings webinar
  8. Day's wrap: Audi, Skincare, Estée Lauder, Sotheby’s International Realty, Departures and Johnnie Walker
  9. Departures looks to the future with 30th anniversary issue
  10. Gucci taps emerging filmmakers for sneaker storytelling
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