NEW: France BAN Destruction of UNSOLD LUXURY GOODS

Welcome to this video where we discuss wastage in the luxury industry, of unsold stock.

SOURCES

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//DISCLAIMER:

This video is not an AD/Sponsored.

[lindamurphy]

It’s so weird how luxury has become less appealing to me since the Balenciaga scandal and Dior sweatshop story. I find myself caring less about the next handbag or apparel because I question the ethics of the brands. It’s not as fun anymore.

[sams]

I think it’s because brands make too many collections, if they had the tradional 2 or 4 collections a year this wouldn’t happen

[lynnpetti]

Luxury and exclusivity are two different things. Luxury is quality and beauty, exclusivity is limited accessible or rarity.

[WhatsForTea]

Talking about eBay fakes, I tried to sell a brand new LV bandeau...it came with everything! Including the receipt ☺ I bought it myself from the LV boutique in Edinburgh just a few months prior to trying to sell it. I listed it on eBay but it was taken down a couple of days later for breaching their 'counterfeit items' policy 😂😂😂 unbelievable!

[CiselCarda]

As much as I get older my understanding of luxury changed. I am not interested in the brand names anymore. Greed and snobbery of some luxury brands made it easier for me to look elsewhere. Also, I am tired of seeing same things or ridiculous styles over and over again. I am more in to quality and practicality of things now. Good material and workmanship is a must. I really enjoyed your video. Very informative. You are lovely as always.

[ajstar]

Maybe a solution is to send the surplus goods directly to consignment shops like fashionphile and realreal, then they can sell it at a discount and can prevent selling fakes because the items are coming directly from the house

[ashleylala]

I remember 20 yrs ago when designer bags didn’t sell they would actually go on sale at Neiman’s for a sizable discount. And then people would buy them and they wouldn’t go to waste. Or if they still didn’t sell, they would end up at a Neiman’s outlet. That’s the way the whole thing is supposed to work before this ridiculous level of snobbery took luxury in a chokehold and strangled the life and quality out of it. People still bought the luxury bags because you never knew which ones were going to sell and which ones were going to go on sale. Obv if you really liked the bag a lot, you weren’t going to chance it. “Luxury” just got way too weird and slightly evil in the last 10 yrs.

[followmearound]

I think we are all witnessing brand-a-geddon ))) And I'm here for it. Their arrogance has crossed every limit.

[veronicagagnon]

As you know
There is NO craftsmanship anymore !!
It's Chinese sweatshops making the products for Pennies.
And the brand marking the hood at over 1000% per cent !!
GREED

[Ajb]

In the US grocery store chains have been known to pour chemicals in dumpsters full of edible food so they claim it as a damaged and get a a tax or insurance benefit instead of donating it. It’s a gross issue created by greed and having to constantly have profits go up up up for stock holders.

[barbarajsalant]

There used to be a Chanel outlet in Woodberry Commons in Rockland county about two hours outside of New York City many years ago, and I still have perfectly beautiful stuff from there, and it never seemed to impact their retail exclusivity.

[andrewroberts]

Long ago I remember bookstores tearing off the cover of paperbacks before trashing them-- and clothes patterns would have their envelopes removed before the same-- but the items without envelopes or covers would eventually sometimes find themselves into the market somehow.

[LindsxRose]

The sad thing is! It’s not even just these stores selling “stuff, ” although the impact is worse because of the landfills. But it also happens in food and restaurant/dining industry, where instead of donating excess that they can’t sell, they just throw it away. Other less fortunate people could use these things and food they’re throwing away. It drives me mad too! Thanks for talking about this topic though. The amount of waste is atrocious

[naomimorse]

FYI Chanel used to have an outlet in upstate NY - Woodbury Commons in the 1990’s

[epifanny]

I think people's obsession with exclusivity is part of the problem...we need to redefine what luxury and exclusivity mean.

[sarahdavis]

We realise there is a huge mark up on designer items, but surely this just shows how little it costs them to make versus what they sell it for if it's cheaper to mass produce than lose sales. As if the Dior scandal hadn't already shown us.

I love fashion and design, but I think we may be being taken for fools at this point.

[GloriaMasaiti-bqdp]

Don't produce too many. We don't need so many handbags and clothes

[brianmj]

They probably will send it to another country and still trash it 😮

[WilonSatos]

HEY *xbagy* !! I have been watching you for years and im so proud of where you have made it! I love you so much! Also thanks for making my day.

[ms_cartographer]

I'm excited to see possible discounts from this.