The fashion clothing box aiming to save lives
by Startacus Admin
Lost Stock - the fashion clothing box, set up in the wake of Covid-19 to help support garment workers in Bangladesh, has nearly doubled its annual target within its first month of operation!
Set up by the team behind fashion shopping app Mallzee, Lost Stock enables shoppers to buy cancelled clothing stock direct from manufacturers through a personalised 
fashion box, whilst supporting a garment worker and their family at the same time.
The cancellation of over $2 billion worth of stock orders by retailers left manufacturers in Bangladesh unable to pay workers and with mountains of unwanted stock.
Lost Stock solves this problem by selling £35 fashion boxes containing £70 plus worth of clothing matched to the purchaser's size and fashion preferences - each box sold feeds a family in Bangladesh for one week.
Clothes that were originally destined for high street retailers are shipped from manufacturers in Bangladesh directly to consumers in the UK, arriving in the post as a surprise Lost Stock clothing box.
In three weeks, Lost Stock had sold box number 90,000, meaning they were able to provide 90,000 weeks of food aid to garment workers and their families - nearly doubling their annual target of 50k in the first month!
A partnership with Bangladesh NGO SAJIDA Foundation ensures the money goes straight to those who need it most. Each box supports a worker and their family for a week and the goal is to support 10,000 families in May and 50,000 by the end of 2020.
Lost Stock is not a charity seeking donations - instead they are providing high street clothes at a great price whilst also making a difference to the lives of factory workers and reducing the environmental impact - a win-win all-round.
Mallzee CEO, Cally Russell explained;
“With no safety net available for some of the poorest workers in the fashion supply chain, we couldn’t sit back and do nothing - leaving families to starve and new clothing heading to landfill. Through Mallzee we have a relationship with over 1.5 million UK shoppers so we have come up with a way to enable them to save lives as they shop.”
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Swiss startup Saporo secures major investment to support its mission of making cyber security accessible to all organisations.
.jpg)
Innovative LawTech startup Legal Utopia crowdfunding via Seedrs to support its mission of disrupting the legal industry via its AI-powered app.
unplugged is a startup that's on a mission to help you unplug from your devices so that you can completely recharge.
Matter is an innovative startup on a mission to develop pioneering technology solutions for capturing, harvesting and recycling microplastics.
New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
Looking for ways to attract new employees to your startup? Here are some tips to help entrepreneurs entice talented candidates.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
xigxag is a Cornwall-based startup that has created an innovative audiobook app offering great prices, no subscriptions and exclusive access to their listen-and-read x-book®.
The lowdown on Kanda, the fintech startup that's on a mission to help tradespeople build their businesses and win better work.
Published on: 13th June 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Innovation 2121 aims to inspire young people to help shape Northern Ireland’s next 100 years. 21st Jan 2022 New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
- Planet First Partners backs cooling tank technology that reduces data centre climate impact 18th Jan 2022 Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
