Skip to content
Wednesday 9 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,741.56
-0.65%
DAX
25,651.60
-1.37%
CAC 40
8,195.54
-1.47%
STOXX 50
6,307.30
-1.65%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 12 August 2020 4:39 pm

Customers question value of clothes bundles in Edinburgh fashion firm’s Lost Stock charity venture

By: Jessica Clark

Add as a preferred source on Google
lost stock

Frustrated customers have hit out at Lost Stock, a coronavirus charity venture led by an Edinburgh-based fashion company, claiming it misled shoppers over the value and quality of items sold. 

Mallzee launched its Lost Stock initiative in June following reports that some high street stores had cancelled stock orders with clothing factories in Bangladesh, which would have left workers out of pocket. 

Lost Stock offered customers the chance to buy a “lucky dip” selection of the unwanted stock for £35, with the promise of receiving £70 RRP worth of goods. 

The £35 payment included a donation to support factory workers whose livelihoods had been impacted by the coronavirus pandemic. Mallzee has said 67 per cent of proceeds go to workers – 30 per cent to the factory to buy the stock, and 37 per cent to a charity partner in Bangladesh.

Customers were also given the opportunity to select preferences for their parcels, such as light or dark colours, or patterned or plain clothes. 

The company said it has sold more than 100,000 Lost Stock boxes, and supported more than 100,000 families with food and supplies for one week.

However, hundreds of disgruntled customers have hit out at the quality of the clothes, which they do not believe would have sold for £70 in UK shops. 

Leanne Reed, who bought a Lost Stock box for her 16-year-old son, said her age-range preferences were not taken into account.

“I bought into it, I thought I would be helping someone and getting a few bits for my son,” she said.

“For some people £35 is a lot of money, that might be the only £35 they’ve spent on clothes for themselves all year.” 

Read more

Saba revives attack on Baillie Gifford trust

Baillie Giffords Edinburgh headquarters with SpaceX investor branding prominently displayed on the modern office building ...

Another customer, Rachel, who asked to only be identified by her first name, said she was disappointed when instead of the dark coloured clothes she had asked for, she received four light-coloured vests in the post. 

Similar items are currently for sale at budget retail stores for between between £5 and £12.

“I felt disappointed, after all that build up,” Rachel told City A.M.  “There is no way people would have paid £70 for these items.”

Tara, another shopper that cancelled her order after seeing the quality of a friend’s parcel, told Morning Wire that the response from Lost Stock had made her question the firm’s charitable arm. 

”They have repeatedly said the original RRP of three vests was £70, which is obviously untrue. 

“The items in some of the boxes sent are worth closer to £20. This has made me concerned about what else they are not being honest about. I hope the money has reached the Bangladesh workers as intended. “

Cally Russell, the chief executive of Lost Stock and Mallzee, said: “The value of each Lost Stock box is a minimum of £70 based on the starting RRP of the goods, had they been sold by UK retailers. 

“We get this information from our factory partners. We continue to work to this level – and we haven’t changed this on our site – it says double the value. If some orders have been reinstated by retailers and they’ve decided to sell a product at a lower price than it was initially set for this is outside of our control.   

“We have taken preferences into account as much as possible to match against cancelled stock and on our site it has always been outlined as this is a guide. 

“If someone isn’t happy with what they receive, this isn’t what we want and therefore we’re happy to find a solution for them.”

Read more

BLK: Portfolio Company of Enry’s Island S.p.A., Lists on Euronext Dublin

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Retail

Trending Articles

  • Hedge fund billionaire Chris Rokos joins UK wealth exodus 

  • Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis

  • Airport chaos latest: Heathrow, London City ‘starting to recover’ after air traffic control failure

  • Five lenders hike mortgage prices as interest rate threat looms

  • As it happened: FTSE 100 inche up as oil holds gains; Healey says UK paying ‘Truss penalty’

More from Morning Wire

  • Saba revives attack on Baillie Gifford trust

    Investing
    Baillie Giffords Edinburgh headquarters with SpaceX investor branding prominently displayed on the modern office building ...
  • BLK: Portfolio Company of Enry’s Island S.p.A., Lists on Euronext Dublin

    Business Wire
  • Fresh stock market raid sparks clarion call for action

    Markets
    London Stock Exchange exterior bustling with traders and visitors, showcasing iconic architecture and vibrant financial ac...
  • Investors dump UK stocks as Budget rumours compound caution

    Investing
    Digital display of stock market charts with fluctuating red and green lines, indicating financial data and trends
  • Billions in pensions go missing: JP Morgan and Standard Life reconnect Brits with lost wealth

    Personal Finance
    Stacks of various currency bills symbolizing financial news and economic trends on a business website
  • Trans charity ‘misleading employers’ with company guidelines, campaigners claim

    Business
    Two women, one with long blonde hair and glasses, the other with dark curly hair, raise their arms in triumph.
  • Standard Life takes £473m hit after stock market rally dents hedges

    Investing
    Standard Life office building exterior, representing one of the UKs largest pension funds, in a business context
  • The London Stock Exchange is shrinking – but Julia Hoggett is still an optimist

    Markets
    Julia Hoggett, London Stock Exchange CEO, in a magenta suit leaning on a dark railing.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook