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WHY does Louis Vuitton burn unsold bags? Louis Vuitton make | 🏛Realty channel New York💰

WHY does Louis Vuitton burn unsold bags?

Louis Vuitton makes some of the most expensive handbags in the world. Remarkably, they never put their goods on sale.

In order to maintain their status as an expensive brand, the company burns all unsold bags so that no one can buy them at a discounted price.

According to statistics, Louis Vuitton is the most counterfeited brand in the world.