LogFAQs > #905376484

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Topic	luxury brands burn millions worth of clothing so the "wrong" people
Aye 07/19/18 6:46:42 PM #7:	Esrac posted... The X Dawg posted... I mean...I get it from a business point of view. I don't. It seems like they're leaving money on the table. Or more accurately burning it, when they could make some money by selling the older I bought items at a discount. Think of it in a very logical way. Say I sell stuff at 1k each. Now, my stock isn't fully sold, so I unload it to a discount resale place who sells it at 100 each. People are now walking around wearing my products that are technically worth 1k for 100 My product is now devalued and when I go to sell the new batch, no one will want to pay 1k <cite>Aye posted [p:905376484] in luxury bra... [t:76823129]...</cite> <quote><cite>Esrac posted...</cite> <quote><cite>The X Dawg posted...</cite> <quote>I mean...I get it from a business point of view.</quote> I don't. It seems like they're leaving money on the table. Or more accurately burning it, when they could make some money by selling the older I bought items at a discount.</quote> Think of it in a very logical way. Say I sell stuff at 1k each. Now, my stock isn't fully sold, so I unload it to a discount resale place who sells it at 100 each. People are now walking around wearing my products that are technically worth 1k for 100 My product is now devalued and when I go to sell the new batch, no one will want to pay 1k</quote> ... Copied to Clipboard!
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