News by email Donate

Suggestions

Traidcraft.jpg
Alamy
Traidcraft.jpg
Alamy

Traidcraft PLC goes into administration

by Sophie Drew

Traidcraft PLC – a Christian group that has spent years campaigning for fair trade – has gone into administration.

The stands were familiar to many churchgoers, with almost 3,000 churches in the country selling Traidcraft products at some point in their 40-year history.

The brand, which has struggled for a number of years, cited the coronavirus pandemic, the war in Ukraine and soaring energy prices as the reasons behind the severe financial difficulties.

The group has published an open letter alerting customers of the decision to call in the administrators.

The letter reads: “It is heartbreaking to bring the Traidcraft plc story to an end in this manner but we can at least take some consolation from the knowledge that we have been a major force for good in the ethical retail sector for over forty years.

“We have championed the cause of trade justice to the point where we now have better standards and procedures in place to protect the rights and dignity of growers and producers all over the world.

“We would like to offer our heartfelt thanks to all those who have journeyed with us as employees, board members, shareholders and suppliers. We would particularly like to thank our loyal band of ‘Fairtraders’, many of whom have been with us since the very beginning.”

A Monthly Gift Of $11 Makes A World Of Difference

In a world of fake news there’s never been a greater need for quality Christian journalism. Premier’s mission is to provide the Church with the most up to date and relevant news, told from a Christian perspective. But we can’t do it without you.

Unlike many websites we haven't put up a paywall — we want to keep our journalism free at the point of need and as open as we can. Premier’s news output takes a lot of time, money and hard work to produce. No one in the USA is sharing news like we are across radio, magazines and online so please help us to continue that today.

For a monthly gift of $11 or more we’d also be able to send you a free copy of the brand new Premier Bible, a wonderful Anglicised version of the NLT packed with exclusive bonus content, reading plan and resources to help you get the most out of scripture.

Your monthly support will make a world of difference. Thank you.

Support Us
Continue the conversation on our Facebook page

Related Articles

Sign up to our newsletter to stay informed with news from a Christian perspective.

News by email

Connect

Donate

Donate