Burberry to Stop Burning Clothing and Other Goods It Can’t Sell (Published 2018) (2024)

Advertisem*nt

SKIP ADVERTIsem*nT

You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.

Supported by

SKIP ADVERTIsem*nT

Burberry to Stop Burning Clothing and Other Goods It Can’t Sell (Published 2018) (1)

LONDON — When the British luxury label Burberry said this summer that it had burned tens of millions of dollars of unsold goods — an announcement that prompted fierce criticism — the practice was justified as an effort to maintain its “brand value.”

On Thursday, the company said it would cease burning stock immediately. In effect, it was once again seeking to preserve its brand.

Burberry, Britain’s largest luxury label by sales, revealed in its annual report in July that it had burned 28.6 million pounds, or about $37 million, of clothing and cosmetics.

The practice, which is widespread across the retail and consumer industry, is often used as a safeguard to prevent unwanted items being stolen or sold at a significant discount and in that way eroding the high-end price tags they can command in stores.

Thank you for your patience while we verify access. If you are in Reader mode please exit andlog intoyour Times account, orsubscribefor all of The Times.

Thank you for your patience while we verify access.

Already a subscriber?Log in.

Want all of The Times?Subscribe.

Advertisem*nt

SKIP ADVERTIsem*nT

Burberry to Stop Burning Clothing and Other Goods It Can’t Sell (Published 2018) (2024)
Top Articles
Latest Posts
Article information

Author: Carmelo Roob

Last Updated:

Views: 6070

Rating: 4.4 / 5 (45 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Carmelo Roob

Birthday: 1995-01-09

Address: Apt. 915 481 Sipes Cliff, New Gonzalobury, CO 80176

Phone: +6773780339780

Job: Sales Executive

Hobby: Gaming, Jogging, Rugby, Video gaming, Handball, Ice skating, Web surfing

Introduction: My name is Carmelo Roob, I am a modern, handsome, delightful, comfortable, attractive, vast, good person who loves writing and wants to share my knowledge and understanding with you.