MONEY- BACK BRIDES Protection Scheme Launched
The UK’S Retail Bridalwear Association has launched A Money Back Brides Protection Scheme that guarantees the return of money paid out on their wedding dress should a member retailer go out of business involuntarily.
The scheme is to be rolled out across all of the RBA’S 120 shops in England, Scotland, Wales and Northern Ireland.
RBA Chairman Alan Sanders says “This is the fulfillment of a long held dream for the Association. As the nation enters one of its toughest times ever financially, the Brides Protection Scheme gives peace of mind to any of our brides who may be anxious about losing money committed to their wedding dress.
“Because we demand stringent financial conditions from all our members, over the fifteen years of the Association’s history no member has gone out of business, but this now gives extra reassurance for a happy wedding day.”
“Our RBA Brides Helpline is forever having to deal with cries for help from brides who have been left stranded by non-member shops who have suddenly closed their doors and ceased training. In these circumstances, brides are usually last in the creditor queue and invariably lose their money; the RBA scheme aims to compensate them as quickly as possible if there is a default by a RBA member.”
As part of the purchasing process, brides will fill in and take away a Guarantee Form individual to her and the shop, and should an insurable event arise, a refund will be paid out from the newly created BPS reserve fund.
The Association has also been one of the driving forces in the wedding dress business in warning of the dangers of purchasing online from non bricks and mortar outlets, after finding conclusive proof of brides being duped into handing money over for dresses that may never arrive or turn out to be fraudulent copies of established label’s
The Brides Protection scheme is now available at Wedding Days & The Regency Groom.