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Topicluxury brands burn millions worth of clothing so the "wrong" people
Capn Circus
07/19/18 7:28:27 PM
#26:


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.


People will just wait around to get the discount instead of buying full price.

Same reason a lot of grocery stores will throw away food when its fixing to expire versus discounting it (particularly with fresh fruits/vegetables). Some discount a bit, but if they made it a major occurrence people would just wait until you could buy it for $1 instead of $5.
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