Fashion after lockdown: What happened to all that surplus stock?

What became of all the trend-focused pieces in boutiques and department stores that could not sell during lockdown?

Fashionable woman wearing protective face mask and shopping during pandemic

The fashion industry has been pulled apart at the seams by the Covid-19 crisis and left in shreds. 

However, some might argue it was hanging by a thread long before the crisis hit, with the pandemic just ripping open the systemic problems that are weaved into its fabric. Issues that dogged the industry included endless consumption, multiple drops, and the churning of product.