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RE: LeoThread 2024-12-05 08:38

in LeoFinance2 months ago

Part 2/8:

In a recent discussion, it was illustrated how high-end retailers like Coach systematically destroy unwanted merchandise. This practice involves employees slashing items to render them unsuitable for resale, allowing companies to write off the loss as a tax deduction. Such measures raise ethical questions about corporate responsibility and the wasteful disposal of perfectly good products.

Video clips showcased purses from well-regarded brands, all marked with deliberate cuts—a clear policy designed to maintain an air of exclusivity and prestige while simultaneously hiding the underlying wastefulness. The irony is stark: these luxury items, often perceived as symbols of quality and exclusivity, end up discarded rather than being donated to those in need.

The Dark Side of Luxury Brands