A Movement To Reform Fashion
Bestseller has not agreed to #PayUp
11-30-20 – According to the Worker Rights Consortium, Bestseller has reinstated orders placed prior to the pandemic but is demanding discounts of at least 10% on those orders. In order for a brand to move to the PayUp – Yes side of the tracker, they must pay for all orders on time and in full. The reason being is that factories already run on razor-thin margins and even small discounts 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 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.