on a group of people who might not be able to actually afford that brand,” Bishop said. The location of the excess stock may also be a factor. If companies really want to cut down on their excess inventory (and in turn, their waste), Bishop proposes another route. “Reducing the amount of excess stock they produce in the first place helps offset any lost revenue from not having enough stock,” Bishop said. However brands handle the problem of too much product, Bishop hopes Burberry’s decision will influence others, both luxury and affordable, to stop the burning.

Source: Huffington Post September 07, 2018 23:37 UTC