Vaibhav Global Limited (VGL), a global electronic retailer of fashion jewellery and lifestyle accessories has recently extended its One for One program to the U.S.
Shop LC, VGL's U.S. subsidiary, has partnered with the No Kid Hungry campaign to expand its Shop LC One for One program, which seeks to end childhood hunger globally. For each product sold, Shop LC currently donates one meal to a hungry child in India, and through the partnership with No Kid Hungry, the company's donations will now help kids in the U.S. by giving healthy meals during the school day and in the summer.
"Since we started Shop LC One for One in October 2017, we matched more than 5 million purchases from our customers, regardless of the amount of the order, and donated more than 5 million meals to those in need. By partnering with No Kid Hungry, we are now able to help children in need right here in the U.S.," said Kevin Lyons, President of Shop LC. "It may come as a surprise, but millions of children in this country are living with hunger. This not only impacts their overall growth and health, but means they're not getting the nutrition needed to focus and perform well in class. No Kid Hungry has the solution as the number of children facing hunger has dropped by one-third since the campaign launched in 2010. They will be a great partner for us as they hold the same values and goals we do."
The online retailer's philanthropic mission began in India with Sunil Agrawal, founder of Vaibhav Global Ltd, Shop LC's parent company, who saw the need to battle the hunger and education crisis amongst school children in the country. Through the One for One initiative and with the help from their partner NGO, Akshaya Patra, Vaibhav Global Ltd. along with its subsidiaries, Shop LC Inc., USA and The Jewellery Channel, UK (TJC) have delivered millions of hot meals to school children across India, US and UK.
"Today in America, one in six children faces hunger," said Jill Davis, Senior Vice President, Corporate Partnerships, No Kid Hungry. "We're proud to partner with a philanthropic-focused company like Shop LC as they'll be fundamental in contributing to the ongoing effort to end childhood hunger in every community across the country."
Shares of Vaibhav Global Ltd was last trading in BSE at Rs.703 as compared to the previous close of Rs. 684.55. The total number of shares traded during the day was 207 in over 28 trades.
The stock hit an intraday high of Rs. 703 and intraday low of 690. The net turnover during the day was Rs. 144775.