LogFAQs > #905385235

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Topic	luxury brands burn millions worth of clothing so the "wrong" people
Tropicalwood 07/19/18 9:29:06 PM #44:	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. I don't know how it works in the UK, but in the US iirc their unsold merchandise is subject to taxes (I think they're counted as assets) so that's partly why they're marked down or destroyed. Also as they said in the article, they're trying to maintain high prices that turn away a majority of consumers. --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya <cite>Tropicalwood posted [p:905385235] 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> I don't know how it works in the UK, but in the US iirc their unsold merchandise is subject to taxes (I think they're counted as assets) so that's partly why they're marked down or destroyed. Also as they said in the article, they're trying to maintain high prices that turn away a majority of consumers. --- ayy lmao ayy lmao \|\| oaml oaml yya yya ayy lmao ayy lmao \|\| oaml oaml yya yya</quote> ... Copied to Clipboard!
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