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This statement sets out Lounge Underwear’s actions to understand all potential modern slavery risks related to its business and to put in place steps that are aimed at ensuring that there is no slavery or human trafficking in its own business and its supply chains. This statement relates to actions and activities during the financial year [1 April 2021 to 31 March 2022].
As part of the E-commerce retail sector, the organisation recognises that it has a responsibility to take a robust approach to slavery and human trafficking.
The organisation and its Board of Directors is absolutely committed to preventing slavery and human trafficking in its corporate activities, and to ensuring that its supply chains are free from slavery and human trafficking.
This statement covers the activities of Lounge Underwear Ltd: Lounge Underwear Ltd has seen exponential growth since its launch in 2016 and continues to see revenue, customers and orders increase year on year, the company is under the control of a board of 3 Directors and has subsequently started to grow out a large management team to ensure that the company can easily be scaled to deal with the demand. Lounge was established in the UK and sells its own-branded products through its D2C model via loungeunderwear.com to its core market of 16-30 year olds in the UK and internationally through it’s 8 online stores. The brand currently has 4 arms to its offering including Apparel, Swimwear, Intimates and its main focus, Underwear.
All products are designed in house at the Lounge HQ by a dedicated team of designers and merchandisers, based in the UK.
Lounge currently carries out no in house manufacturing, all manufacturing is outsourced to international partners who work closely with the Lounge design team to turn designs into reality.
All goods are shipped directly into Lounge’s self owned UK distribution centre and then shipped worldwide.
Responsibility for the organisation’s anti-slavery initiatives is as follows:
Lounge’s Board of Directors review policies on a regular basis and ensure that they are suitable for our activities - Lounge Partners with 3rd party compliance frms to ensure these are of the highest standard.
Risk assessments, investigations and due diligence
Lounge’s Board of Directors approve all suppliers before any business is commenced. In house designers, merchandisers and procurement teams carry out required due diligence on proposed new suppliers and feed this back to the required persons. On going due diligence is also carried out annually.
Lounge Underwear’s board of Directors are committed to stopping Modern Slavery and Human Trafficking, therefore Lounge is putting in more robust training programmes to ensure all partners and employees are better aware of the issues and operational needs in regards to stamping out this on going international issue. More training is required company wide and this is due to be completed by the end of FY22. A Head of People has been appointed to help ensure that correct levels of training are delivered around all corporate responsibilities. Lounge recognises that resource has been an issue in training employees in this subject and is therefore going through a recruitment drive to ensure that the correct infrastructure is in place.
The organisation undertakes due diligence when considering taking on new suppliers, and regularly reviews its existing suppliers. The organisation’s due diligence and reviews include:
The organisation has reviewed its key performance indicators (KPIs) in light of the introduction of the Modern Slavery Act 2015. As a result, the organisation is:
The organisation’s modern slavery training does and will cover;
This statement has been approved by the organisation’s Board of Directors, who will review and update it annually.
This Modern Slavery Statement 2021 - 2022 was last updated July 01, 2021.
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