Burberry destroys fashion and cosmetics for 32 million euros «DiePresse.com



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The British luxury group Burberry destroyed last year's fashion and unsold cosmetics worth £ 28.6m (€ 32.1m) to protect the value of its brand. The company, which is known for its raincoats and check patterns on Thursday, said it had "meticulous procedures to reduce the amount of excess stock."

When "throwing away" goods is required, it is done "responsibly". The company continues to look for ways to minimize waste or create new products. According to the company, Burberry claims to suffer significant losses each year due to stolen or fake goods sold at discounted prices. In May, the fashion house announced an annual surplus of £ 294 million for the 2017/18 fiscal year closed in March

(APA / AFP)

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