LogFAQs > #905384048

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Topicluxury brands burn millions worth of clothing so the "wrong" people
thronedfire2
07/19/18 9:05:43 PM
#40:


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.


nobody is gonna be paying $250 for a polo or $1800 for a coat that was on sale last year

if they sell it all cheap it'll devalue the brand. and they're not gonna donate it to some poor place because that's not what those places need, and they'd probably just get stolen and sold off anyway

and all the stuff was probably written off at retail price, not at cost.
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