Editor
On an industrial site near the French-Belgian border, high-end sneakers, handbags and ready-to-wear garments are routinely dismantled, shredded and granulated in preparation for recycling.
None of these products have ever been used by a consumer. Instead they are a small slice of what has become a billion-dollar challenge for luxury’s biggest businesses: what to do with goods that don’t sell from season to season?
Last year, LVMH…
