The Retail Bridalwear Association has launched a Money- Back Brides’ Protection scheme that guarantees 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 to 120 member stores in the UK – including Wedding Days & Regency Groom.
RBA Chairman Alan Sanders says ” this is a fulfilment of a long held dream of the association. As the nation enters one of it’s 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 no member has gone out of business, but this now gives extra reasssurance to brides“.
As part of the purchasing process brides will complete a Guarantee Form individual to her and the shop, and should an event arise a refund will be paid out from the newly created BPS Reserve Fund.
In the past the RBA has also helped in getting ordered dresses diverted to deliver at an alternative stockist’s store.
The RBA 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 trading. 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 an RBA member store.
The association has also been one of the driving forces behind warning of the dangers of purchasing online from “non bricks and mortar” outlets, after finding conclusive proof of brides being duped into handing over money for dresses that may never arrive, or are poor,fraudulent copies of established labels- basically if sounds too good to be true then it probably is!