Thursday, July 19, 2018

The burning imperative of capitalism..profit

 In capitalism stuff is not produced for use, but for sale at a profit.

Burberry, the upmarket British fashion label, destroyed unsold clothes, accessories and perfume worth £28.6m last year to protect its brand.

That was 6% higher than the value of products the company disposed of in the previous financial year.

Fashion firms including Burberry destroy unwanted items to prevent them being stolen or sold cheaply.

Burberry is in the midst of a revamp intended to "re-energise" its products over several years.

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