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Burberry burns millions of dollars of clothes to stop them from being sold at discount prices
High-end clothing manufacturer Burberry burned $37.8 million of unwanted products last year, sparking environmental concerns from its shareholders and a debate over the wastage by luxury brands. Designer brands often destroy unwanted stock to stop it from being sold at discounted prices and maintain the exclusivity of their products so they are not sold to the “wrong people,” The Times reported.