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STG Stonepath Grp.

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Share Name Share Symbol Market Type
Stonepath Grp. AMEX:STG AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Stonepath Logistics Selected by French Luxury Beauty Leader L'OCCITANE to Support U.S. Expansion

20/06/2005 2:00pm

Business Wire


Stonepath (AMEX:STG)
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Stonepath Logistics, the global logistics services organization, today announced that it has been selected by L'OCCITANE, the top French luxury beauty company, to manage all phases of their retail distribution and logistics for 130 L'OCCITANE stores in the U.S. Christopher Halkyard, Vice President of Supply Chain for L'OCCITANE, commented, "Stonepath has the domestic network and proven logistics programs to support our rapid expansion in the United States. Our goal is to improve transportation efficiency and delivery times and Stonepath has the track record and industry expertise to deliver the quality that we require for critical deliveries in North America." "We are proud to have been chosen by L'OCCITANE as their U.S. transportation provider and we look forward to adding value to their supply chain," remarked Jason Totah, Chief Executive Officer of Stonepath. "L'OCCITANE is a great example of the success we're having with our new business initiative -- attracting high-potential growth companies seeking to leverage our broad network and expedited solutions to achieve better productivity." About L'OCCITANE L'OCCITANE (www.loccitane.com) is dedicated to recreating the colors, scents and traditions of Provence by developing beauty, skincare, and fragrance products for men, women and the home. Founded in 1976 in the Provence region of France, L'OCCITANE has been a fixture in nearly every French home for over a decade. L'OCCITANE is in the midst of a rapid expansion in the U.S. that will place its Provencal boutiques in luxury shopping areas nationwide. About Stonepath Group (AMEX:STG) Stonepath Group (www.stonepath.com) is a global logistics services organization that integrates established logistics companies with innovative technologies. Through its operating divisions, Stonepath Logistics offers a full-range of time-definite transportation and distribution solutions to a wide range of global and local businesses. For more information about the Company, please contact John Brine at (212) 254-8280.

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