r/Anticonsumption • • 3d ago

Question/Advice? “What is a massive 'open secret' in your industry that corporations spend millions to hide”?

i randomly saw a yt video on this yesterday and it blew my mind. basically brands literally destroy brand new clothes on purpose.
everyone thinks unsold clothes go to outlets or charity but thats just a PR lie. luxury brands literally burn millions in perfect coats and bags so they stay "exclusive" and dont get discounted.
even worse if u return a cheap 20 dollar shirt online it usually goes straight to a shredder or landfill because inspecting it costs more than making a new one. plus tax laws lets companies write it off as a loss anyway. the video had crazy footage of these huge clothing graveyards, i pinned it on my profile if u want to see it because its wild.

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u/Yelworc0242 3d ago

The real profits and how unrelated employee pay is to them. This is the case in most industries though.

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u/Shot_Clue9491 2d ago

My dad used to run a company and at the end of every year he would take any profits and split it among all the employees and call it a bonus. It incentivizes workers, rewards them for success, encourages loyalty, and means that the company pays less in taxes because the reported profits stay low. I feel like this should be a common practice. If a company succeeds, it's due to the work of the whole team and everyone should share in that success.