![TIL that luxury fashion brands like Burberry burns their unsold merchandise worth million dollars in order to prevent putting a lower price on them : r/todayilearned TIL that luxury fashion brands like Burberry burns their unsold merchandise worth million dollars in order to prevent putting a lower price on them : r/todayilearned](https://external-preview.redd.it/QD-bNAhRTO83iqwM-vEQrKNSNXaDhXSS_ZRRZaiJtGs.jpg?width=640&crop=smart&auto=webp&s=c63d7c30ac2a0e5ed39e2fd0e82d360b14494bcb)
TIL that luxury fashion brands like Burberry burns their unsold merchandise worth million dollars in order to prevent putting a lower price on them : r/todayilearned
![Luxury brands: Luxury brands like Hermes, Burberry and Louis Vuitton diversify product offering - The Economic Times Luxury brands: Luxury brands like Hermes, Burberry and Louis Vuitton diversify product offering - The Economic Times](https://img.etimg.com/thumb/width-1200,height-900,imgsize-46082,resizemode-1,msid-14814544/industry/services/retail/luxury-brands-like-hermes-burberry-and-louis-vuitton-diversify-product-offering.jpg)
Luxury brands: Luxury brands like Hermes, Burberry and Louis Vuitton diversify product offering - The Economic Times
![People walk past a giant suitcase for Louis Vuitton on display outside a Louis Vuitton store in Shanghai, August 2, 2010. The world's top luxury brands like Burberry and Coach are pouring People walk past a giant suitcase for Louis Vuitton on display outside a Louis Vuitton store in Shanghai, August 2, 2010. The world's top luxury brands like Burberry and Coach are pouring](https://c8.alamy.com/comp/2CY02NF/people-walk-past-a-giant-suitcase-for-louis-vuitton-on-display-outside-a-louis-vuitton-store-in-shanghai-august-2-2010-the-worlds-top-luxury-brands-like-burberry-and-coach-are-pouring-funds-into-chinas-multi-billion-dollar-luxury-market-wresting-control-of-their-brands-from-chinese-partners-as-they-swoop-back-in-a-market-set-to-become-the-worlds-no1-picture-taken-august-2-2010-reutersaly-song-china-tags-society-business-2CY02NF.jpg)