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> Seems bizarre. It's not like companies didn't want to sell it--they'd prefer to have the revenue. This is just kicking them then while they're down. I wonder
by bryant 8mo ago
> Seems bizarre. It's not like companies didn't want to sell it--they'd prefer to have the revenue. This is just kicking them then while they're down. I wonder if it will reduce risk-taking since it increases the downside of launching an unpopular product.
Companies (Burberry is mentioned, but it goes unsaid that others engage in it) routinely burn stock to preserve exclusivity[1]. It's a pretty serious issue.
[1] https://www.vogue.com/article/fashion-waste-problem-fabrics-deadstock-pashko-burberry-reformation https://www.vogue.com/article/fashion-waste-problem-fabrics-...
- Aurornis 8mo agoThe majority of clothing produced is not for exclusive brands. This is a very niche feature of low volume brands.