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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

Hi guys I want your thoughts on this!! I'm going to start a clearance marketplace where we sell products at discounted price because of the near expiry or surplus inventory of brands. But isme mujhe seller onboarding krni chahiye ya bulk orders buy

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

Amazon's Profit Playbook We all love Amazon's deals, but how do they make money beyond discounts? 1. Matchmaker Fees: Amazon isn't a giant store - they connect brands with you, like a shopping mall. For each sale, they take a commission, fee for

I've got an idea for an app that could really help out local stores. You know how everything's online these days? Well, this app would let you search for stuff you want to buy, and then show you which stores in your area have it in stock. You could

Just Thought :- Selling fashion items only once in a month. Advantages:- 1. It will create excitement and adrenaline rush when they experience the products. 2. Will get time to stockup inventory, analyse sales and future demands. 3. We can charge cer

I recently had a powerful reminder that wisdom doesn't always come from experience. In the spirit of exploring fresh perspectives, I tapped into the insights of Gen Z. What did I learn? 1. Adaptability is Key ⤷ They thrive in a world of change. Th

The biggest problem faced by those who have made money through predominantly cash transactions in personal-centric businesses in Kerala and India is the lack of a place to store the accumulated untaxed cash. They do not need returns; they want an ass

𝗪𝗵𝘆 𝗣𝘂𝗿𝗽𝗼𝘀𝗲-𝗗𝗿𝗶𝘃𝗲𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗔𝗿𝗲 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 . Ever wondered why some startups just seem to have that magic touch? It's all about purpose. Here’s why purpose-driven startups are not just another

Why super apps like tata doesn't work in india. 1. Super app literally would not work anywhere in the world actually. In china it worked because they have very much regulations and they made aggregation fo different companies. But not like their su