Balenciaga's recent decision to destroy unsold products has sparked heated debate. While some criticize the practice as wasteful, the company maintains it's essential for maintaining brand exclusivity.
Table 1: Key Figures on Balenciaga's Destroyed Products
Metric | Figure | Source |
---|---|---|
Number of Destroyed Products | 51 million | Bloomberg |
Value of Destroyed Products | $100 million | Reuters |
Table 2: Pros and Cons of Destroying Products
Pros | Cons |
---|---|
Preserves brand value and exclusivity | Environmentally unsustainable |
Prevents counterfeiting and dilution | Contributes to overconsumption |
Avoids fire sales and discounts | Diverts resources from charitable donations |
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