Fashion retail, like many industries has been hit hard by the pandemic and not just because non essential retailers had to close their doors back in March.
While of course fashion shops were allowed to reopen their doors on June 15th, the knock on effect of them shuttering has rippled through the industry.
When we all went into lockdown back in March, naturally our spending and shopping habits changed drastically. Panicking about the ability to shift stock when we were all busy flinging off our bras and snuggling into tracksuits, numerous fashion retailers cancelled their summer orders..
Get a box of at least five children’s wear high street pieces for £35
But of course the knock on effect to that is huge and often unseen by the end consumer.
The cancellation of orders has resulted in economic disaster for the factories and financial hardship for factory workers. While brands were trying to financially stabilise their own businesses, garment workers were about to pay the price and no orders would mean huge lay offs from factories as there would be no work.
With one Bangladeshi factory owner saying ‘If Coronavirus doesn’t kill my workers, then starvation will.’
In Bangladesh, the garment industry accounts for 84 per cent of the country’s exports, with 2.28 million workers affected. With over $3billion worth of stock orders cancelled, manufacturers are facing the prospect of not being able to pay workers and sending mountains of unwanted stock to landfill.
Many of you would have read about Lost Stock when we first reported on the amazing initiative set up by fashion shopping app Mallzee several weeks ago.
The app partnered with Bangladeshi garment factories, offering shoppers the chance to purchase three summer fashion items from cancelled high street orders in your size for just £35. The mystery boxes help to then feed families desperate for help in Bangladesh.
With the success of the adult fashion boxes, Lost Stock have now extended the offering to children’s wear.
You can now purchase a Lost Stock box for £35, in your child’s size and in return you will receive at least five items of cancelled summer stock, items that were originally destined for high street retailers at just a fraction of the cost.
Lost Stock have so far sold almost 100,000 boxes over the past five weeks and with the launch of the children’s box, it is hoped that they will be able to support another 100,000 Bangladeshi families in the coming month.
Lost Stock for Kids caters for boys and girls aged between 4-14 years old and includes at least five items that were originally destined for high-street retailers. The clothes will be mostly X, Y, Z a mix of different types of clothes – from t-shirts and tops, trousers to dresses and even outerwear in some cases.
To ensure the money goes straight to those who need it most Lost Stock has partnered with Bangladesh NGO SAJIDA Foundation. Each box supports a family of four for a week.
So many of you supported Lost Stock the first time round and this is an amazing way to get gorgeous high street fashion for your kids or as a brilliant kids gift, while also helping others in a time of crisis.
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