Burberry torches £28.6m worth of unsold inventory to keep prices high
by Cory Doctorow from on (#3V6GW)
In 2017, luxury fashion company Burberry set fire to 28.6m worth of unsold gear, bringing the five-year immolation tally to more than 90m; the company routinely burns unsold goods to prevent them from entering the discount market when new lines are released. (more")