Destruction Ban Reveals Luxury Brands’ Problem With Unsold Stock
High-end fashion businesses sometimes destroy products they can’t sell to keep retail values high. European regulations mean that soon they’ll have to reveal what they shred and burn.
By Angelina Rascouet, Jacob Reid and Jillian Deutsch · Bloomberg
High-end fashion businesses sometimes destroy products they can’t sell to keep retail values high. European regulations mean that soon they’ll have to reveal what they shred and burn.