Earlier in June, we told you all about a great new initiative, helping to save livelihoods in Bangladesh by selling cancelled stock orders to the public, which were originally destined for clothing brands.
As a result of the coronavirus pandemic, many Western retailers cancelled vast numbers of garment orders that had been manufactured for our high streets, leaving more than a million workers in Bangladesh without a job. On top of that, $3bn of unwanted but brand new clothing stock was headed to landfill.
Lost Stock, an initiative from fashion company Mallzee, set out to help by coming up with the idea of selling £35 fashion boxes filled with cancelled stock orders and matched to the buyer's size and fashion preferences, each worth at least £70. And the best part? Every box sold helps feed a family of four in Bangladesh for a week through Lost Stock's partnership with the NGO SAJIDA Foundation.
Within five weeks, 100,000 Lock Stock boxes were sold — helping to support 100,000 Bangladeshi families in the process — and now the company is offering children's sizes!
The kids' boxes are a great way to support workers in Bangladesh, while also kitting your little ones out with some new season summer looks.
Lost Stock for Kids boxes are available to order in 'boys' and 'girls' styles for ages four to 14. Each box includes at least five items originally destined for high street retailers. The initiative is also a great way to begin to speak to your children about issues, such as the impact of fast fashion, and making sustainable choices.
Muhymin Chowdhury, Head of Challenge Fund & Fundraising for SAJIDA, said in the release: "Cancelled orders have affected over 1000 factories and the lives of 2.27 million workers and their families. A recent study found that 47% of these workers now have no income - we are working to deliver them basic necessities.
"We are very pleased to partner with Lost Stock, whose approach helps redress the unfortunate failures of global brands to practise responsible sourcing. Every Lost Stock box sold will provide a food and hygiene package to support a family for a week. Additionally, Lost Stock purchases garment products at a fair price from Bangladeshi factories helping support them longer term.”
Mallzee CEO and Founder of Lost Stock, Cally Russell, added in the release: "The response since we launched Lost Stock has been truly amazing – we hoped to sell 50,000 boxes by the end of 2020 and sold nearly double that in the first month alone.
"We know that the Covid-19 crisis is deepening amongst garment worker communities in Bangladesh and we hope that by launching Lost Stock for kids we can help many more families and avoid both a humanitarian crisis and an environmental one. Lost Stock allows consumers to get a great deal whilst at the same time helping a family survive this awful tragedy.”
BUY NOW Lost Stock box for adults, and Lost Stock boxes for kids
Read our original article to find out more about how the ordering process works and what to expect.
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