Blog posts, news and thought leadership - VILDNIS – Tagged "Excess stock"

Blog — Excess stock

What happens to the clothes we don’t buy?

Last week finished on an interesting note with an article on the BBC about a well-known luxury fashion retailer who burnt £28million worth of stock to prevent it from being retailed at discounted prices. The problemThis is not a new phenomenon. As it is unknown exactly who does what, I am going to make a bold statement here, but I am pretty sure that most large fashion retailers have incinerated stock at some point, either to avoid discounting, to get rid of faulty or damaged goods, or perhaps in some cases to dodge a copyright lawsuit. While it can never be right, or even good for the environment as the above-mentioned retailer stated when confronted about it (!), there are...

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