A Movement To Reform Fashion
11-30-20 – Bestseller refused to #PayUp and admits to cancelling a portion of orders completed prior to the pandemic without payment, and to demanding extended payment terms of suppliers [PDF]. According to the Worker Rights Consortium, Bestseller is demanding discounts of at least 10% on completed goods, which can cause grave financial distress to suppliers. The company claims suppliers have “agreed to” these cancellations and new payment terms, but it is the position of PayUp Fashion (along with Clean Clothes Campaign and Worker Rights Consortium) that no supplier would agree to such terms willingly. Bestseller is taking advantage of the power imbalance in the supply chain to push financial loses from the pandemic onto its factories and ultimately onto garment workers.
9-8-20 – Bestseller announces it has turned a profit during the pandemic. The company has the financial resources to pay its suppliers in full per the original terms of its contracts.