Contract Update
Updated : 07:04
16 June 2020
Clipper Logistics plc
CONTRACT UPDATE
Clipper Logistics plc ("Clipper"), a leading provider of value-added logistics solutions, e-fulfilment and returns management services, is pleased to announce that it is in advanced discussions with Arcadia Group Ltd ("Arcadia") to agree a Transportation contract for their store delivery network.
The current Transportation contract is managed by another logistics provider. TUPE consultations are expected to commence shortly once an appropriate process is agreed between Clipper and the incumbent. This announcement is being made today as such consultations will be in the public domain. Once finalised, this new contract will see Clipper making nearly 3,000 deliveries per week with the operation expected to commence from August 2020.
Steve Parkin, Executive Chairman of Clipper, commented: "Clipper has an enviable track record of developing solutions to meet the needs of retailers in a changing environment. I am delighted to be working closely with Arcadia on this solution and in developing a longer term partnership."
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ENQUIRIES
Clipper: | +44 (0)113 204 2050 | ||
Steve Parkin, Executive Chairman | |||
Tony Mannix, Chief Executive Officer | |||
David Hodkin, Chief Financial Officer | |||
Public Relations Advisers: |
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Buchanan: | +44 (0) 207 466 5000 | ||
David Rydell |
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Stephanie Watson |
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Hannah Ratcliff |
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