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Please read this article and answer the two questions below: https://www.businessinsider.com/burberry-burned-37-million-of-goods-to-protect-its-brand-2018-7 Why do brands like Burberry and Louis Vuitton burn their unsold bags? Briefly explain
Please read this article and answer the two questions below:
https://www.businessinsider.com/burberry-burned-37-million-of-goods-to-protect-its-brand-2018-7
- Why do brands like Burberry and Louis Vuitton "burn" their unsold bags?
- Briefly explain the long term effects of sales promotions on brands such as Louis Vuitton.
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