ThredUp offers to resell Burberry’s unused goods and donate proceeds to charity

Burberry has come under fire after revealing it destroyed over 28. 6 million pounds (37.6 million US dollars) worth of unsold goods in the financial year 2017/2018 -- a desperate measure to avoid markdowns, which would hurt the brand’s image of luxury and exclusivity. The latest criticism has come from ThredUp, one of the world’s largest online second hand retailers. ThredUp published an open letter to the British label on its website, urging it to send its unsold goods to them, so they can resell them back into the circular economy. The second hand retailer also vowed to donate 100 percent of net proceeds to a charity of Burberry’s choice, were Burberry to accept the invitation.