FACD, FAIM , Chairman & Founder @ Retail Doctor Group Retail Experts / | Insights / Strategy Advisory,Operations - Transforming retail, We build market leading double digit growth retail channels.
Burberry made headlines in July after revealing it had destroyed $51.4 million worth of unsold product last year. While this is standard practice among luxury retailers, increasing consumer demand for social and environmental responsibility is placing pressure on brands to adopt more sustainable practices. Props to Burberry for committing to reuse, repair, donate or recycle old stock. https://ow.ly/6WvB30lKpcZ To see how other leading 'fit' retailers are innovating with Responsible Retailing in 2018, download our Social Responsibility Whitepaper: https://ow.ly/8LdR30lKoP2 As Burberry CEO Marco Gobbetti says, "Modern luxury means being socially and environmentally responsible."
