Offer terms — Women’s Trousers, Blazers & Dresses Mix: 176 Pieces

Version Lotwell-Auction-Rules-v1-556185218106. These are the terms your offer is made under.

(Business and trade buyers only. By registering and bidding you accept these terms in full. Not for consumer/retail buyers, those sales have separate terms.)

0. About these terms. These terms govern all auction listings on Lotwell. “Lotwell”, “we” or “us” means the operator of this platform; “you” or “buyer” means the registered business/trade buyer bidding on a lot; “lot” means the goods in a single listing. Lotwell acts as seller or authorised supplier of the goods; we are not the manufacturer unless expressly stated. These terms form a binding contract between you and Lotwell.

1. Eligibility & verification. Auctions are open to verified business and trade buyers only. To bid you must register and verify your account with accurate business and contact details and complete OTP verification. We may request further verification and may refuse, suspend or close any account at our discretion. You confirm you are legally able to buy and import the goods in your country.

2. Sealed bids. All bids are confidential, you cannot see other buyers’ bids and they cannot see yours; bids are visible only to the Lotwell team. Each bid is a firm offer to buy the lot at the stated price. You may raise or change your bid until close; your last bid before close stands. Bids cannot be retracted after placing except at our discretion. If two or more identical highest bids are received, the earliest-submitted bid wins.

3. Reserve price. Each lot has a minimum (reserve) price, shown on the listing. If no bid meets the reserve, Lotwell is under no obligation to sell and may decline all bids, relist the lot, or negotiate separately with the highest bidder.

4. Auction period & close. Each auction runs for a fixed window of 10 days, with the opening and closing date/time shown on the lot. At close, bidding stops automatically, no late bids are accepted, the highest qualifying bid is identified and the leading bidder is notified.

5. Winning bid & formation of contract. Being highest bidder is an offer, not a completed sale. A binding contract is formed only when Lotwell confirms acceptance of your bid in writing (email or platform message). We may reject any bid, cancel any auction, or decline any winner where verification, payment, legality or stock availability is in doubt.

6. Price & payment. The winner pays a 30% advance deposit to confirm the order within 48 hours of notification; this deposit is non-refundable if you then fail to complete. The balance is due in full before dispatch. All prices are in BDT (Bangladeshi taka) and exclusive of shipping, taxes and duties unless stated. The buyer bears all bank, remittance and currency-conversion fees on both sides unless agreed otherwise in writing.

7. Non-payment & default. If the deposit or balance is not paid on time, the order is cancelled, any deposit forfeited, and we may suspend or ban the account and recover reasonable costs. On default we may make a second-chance offer to the next-highest qualifying bidder, relist, or withdraw the lot.

8. Inspection, photos/video & samples. Each lot is presented with detailed photographs and, where available, video of the actual goods. If you want a physical sample before bidding, you may arrange one by contacting us; sample cost plus courier and handling are paid by you in advance and are non-refundable. Because these are surplus/sourced goods, a sample is representative of the lot’s general type and quality only and does not guarantee that every unit is identical; minor variation across a lot is normal.

9. Goods sold “as described” and “as is”. Lots are surplus and sourced goods, graded and described honestly with photographs, and sold “as described” and “as is”. To the fullest extent permitted by law, Lotwell gives no other warranties, express or implied, including any implied warranty of merchantability or fitness for a particular purpose. Descriptions, quantities, weights, measurements and photographs are provided in good faith as a fair representation and may carry the reasonable variation normal for surplus lots.

10. Inspection & claims. Any claim that goods materially differ from the listing must be raised in writing within 3 days of receipt, with clear photo/video evidence and the lot/order reference. Goods must not be used, altered, washed, re-labelled or sold on before a claim is resolved. Where a claim is accepted, our sole remedy, at our choice, is a partial refund, replacement or credit, limited to the value of the affected goods. Returns are accepted only if authorised by us in writing.

11. Shipping, Incoterms, title & risk, duties. The shipping method, Incoterm, payment method and delivery terms are confirmed per lot on the invoice. Unless agreed otherwise, the buyer is responsible for freight and for all import duties, taxes, customs clearance and charges in the destination country. Risk passes to the buyer per the agreed Incoterm. Title passes to the buyer only on receipt of full payment. Delivery dates are estimates, not guarantees.

12. Buyer responsibilities & compliance. The buyer is solely responsible for ensuring the goods may be lawfully imported, sold and used in the destination country, including customs, licensing, product-safety, labelling and IP/brand requirements. The buyer must not misrepresent the goods’ origin, brand or condition on resale, and indemnifies Lotwell against any loss, claim or penalty arising from the buyer’s import, resale or use of the goods.

13. Prohibited & restricted goods. Lotwell does not knowingly list counterfeit goods or goods that infringe any third party’s trademark or intellectual-property rights. Branded labels and markings are removed unless resale is expressly authorised. We do not list illegal, unsafe or prohibited items, and we may remove, amend or cancel any listing that breaches this policy at any time.

14. Prohibited conduct. Bid manipulation, shill bidding, collusion between buyers, use of multiple or fake accounts, and any attempt to defraud or manipulate an auction are prohibited. We may reject or void bids, cancel auctions, withhold goods, and suspend or ban accounts where we reasonably suspect such conduct.

15. Limitation of liability. To the fullest extent permitted by law, Lotwell’s total liability arising from any lot or transaction is limited to the amount actually paid by the buyer for that lot. We are not liable for any indirect, incidental or consequential loss, including loss of profit, business or opportunity. Nothing excludes liability that cannot be excluded by law.

16. Confidentiality & data. Bid amounts are confidential to Lotwell and the bidder. Verification and account data are handled per our Privacy Policy and applicable law.

17. Force majeure. Lotwell is not liable for delay or failure caused by events beyond our reasonable control, including natural disasters, strikes, transport/port disruption, customs action, currency or banking restrictions, war, or government measures.

18. Changes; amendment or cancellation of lots. We may correct, relist, amend or cancel a lot before a contract is formed (e.g. reserve not met, or a listing error). We may update these terms from time to time; the version in force when you bid applies.

19. Governing law & dispute resolution. These terms are governed by the laws of Bangladesh. The parties will first attempt to resolve any dispute amicably; failing that, disputes shall be finally resolved by arbitration seated in Dhaka, Bangladesh.

20. General. If any clause is unenforceable, the rest remain in force. These terms, the listing and the invoice are the entire agreement between you and Lotwell for each lot.

About this lot
Lot summary
Lot LW-001 is 176 pieces of women's ready-to-wear surplus from our manufacturing partners in Bangladesh (end-of-line and cancelled-order stock). It is sold as one lot only: pieces are not split, swapped or removed. Every piece is photographed on its own, and the gallery shows all 176.

Total pieces: 176
Sizes: UK 8-20 (S 24, M 48, L 52, XL 36, XXL 16)
Approximate weight: 63 kg net, packed in 3 export cartons
Origin: Bangladesh. Ships from Dhaka.

What is in the lot

Trousers and culottes: 75
Blazers, jackets and coats: 41
Shirts, blouses and tops: 23
Dresses and jumpsuit: 17
Skirts: 9
Shorts: 7
Waistcoats: 4

Fabric
Mostly woven. Suiting, twill and crepe make up the trousers and blazers; satin and viscose make up the blouses and dresses; there are chambray and denim-look shirts and dresses. A smaller group is corduroy, velvet, sequin knit and PU-coated (faux leather) pieces.

Material
Polyester, viscose and elastane blends make up about 70% of the lot. Cotton and cotton blends make up about 20%. Linen-look viscose, velvet and PU-coated fabrics make up the remaining 10%. Fibre content varies from piece to piece.

Colours
A mixed assortment: black, navy, beige and stone, camel and brown, white and cream, grey, denim blue, olive and green, teal, red and burgundy, pink and fuchsia, yellow, plus stripes, checks and prints. About 60% of the pieces are neutrals and about 40% are colours or prints.

Condition and grade
Unworn surplus. Grade A (first quality): about 150 pieces. Grade B (minor production or handling marks such as a loose thread or light creasing): about 26 pieces. The lot is sold as described and as is, under the Auction Rules and Terms of Sale.

Packing and shipping
Packed flat in 3 cartons of about 21 kg each. The shipping method, Incoterm and payment method are confirmed on the invoice for this lot.