Burberry, the upmarket British fashion label, destroyed unsold clothes, accessories and perfume worth £28.6m last year to protect its brand. It takes the total value of goods it has destroyed ...

Raymond Hall/GC Images/Getty Images The model’s outfit—in particular, her undershirt and Burberry purse—nodded to the surge of buttery, neutral styles that have been everywhere this fall season.

Many Chinese consumers have tightened their purse strings on high-end products, undermining the performance of global luxury brand purveyors from LVMH to Burberry and Kering. China’s middle ...