A strategy by Gucci's CEO, who reportedly burned $10 million worth of unsold luxury products to maintain the exclusivity of the brand. 🤯🔥
The decision to burn unsold products was part of Gucci’s broader strategy to protect its brand image.
By de
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Mr Z
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Medial • 2m
What are Some of The Best Brands That Ever Come Out From India in Terms of Solid Quality?
5 replies6 likes
Chamarti Sreekar
Stealth • 2m
trend of luxury brands entering the world of sports:
* Luxury brands are increasingly partnering with athletes and sports teams to reach a broader audience and tap into the growing influence of athletes as cultural icons.
* This trend is being dr
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Mahendra Lochhab
Stealth • 6m
Lenskart's Peyush Bansal, Dhanuka family members buy luxury apartments worth Rs 100 crore at DLF's The Camellias.
4 replies5 likes
Arcane
Stealth • 5m
ONE INTERESTING OBSERVATION SERIES
DAY #16
Luxury goods consumers worldwide fall into five dominant groups, based on their motivations, profiles, values in luxury items, purchase reasoning, and age group.
1) Going Global:
People in this group don
Burberry burned $36,500,000 of clothes in one year.
Not because they couldn't sell them.
Because they didn't want YOU to have them.
The disturbing truth about luxury's dirtiest secret:
In 2018, a shocking line appeared in Burberry's annual report
we have the best quality frozen products, contact for purchase
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Shashank Vishwakarma
Stealth • 8m
Why luxury Brands started to targeting "Zen-G" more? And offers them there products on discounts.
Now a day's people buys luxury products or premium products in loan just to show off not all but many, these are the things company get there products