Nov '10
In New York, where around one third population is poor, the fashion retailer H&M had dumped loads of never-worn and unsold apparels, in the month of January. But later the retailer said that it will not hack up its leftover stock and will donate them to the needy.
Wiping out excess stock of apparels to avoid its donation to charity as well as to sell it at discount prices is also being done in Australia. A number of companies, from the lower end of the fashion spectrum to the higher end, destroy piles of surplus stock instead of donating it to the poor and the needy.
In order to conceal the identity of the products, their label is being destroyed and the sleeves are also cut off. It is a matter of concern for TFIA as it comes under both waste as well as landfill issue.
Fibre2fashion News Desk-India
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