Saturday, July 21, 2018

The Problem of Over Supply

(2018/07/21) For many, it's hard to imagine that business rather burning their over-production items than selling those at its salvage value. But for some firms, burning inventory is the best way to avoid "brand devaluation."

"Burberry, the upmarket British fashion label, destroyed unsold clothes, accessories and perfume worth £28.6m last year to protect its brand."

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