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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Clipper Logistics Plc | LSE:CLG | London | Ordinary Share | GB00BMMV6B79 | ORD 0.05P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 837.00 | 834.00 | 836.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCLG
RNS Number : 5899O
Clipper Logistics plc
03 October 2019
Clipper Logistics plc
New e-commerce operations for Amara Living Limited
Clipper Logistics plc ("Clipper" or "the Company"), a leading provider of value-added logistics solutions, e-fulfilment and returns management services to the retail sector, is pleased to announce that operations have commenced on a new five-year contract with Amara Living Limited ("Amara Living"), the fast-growing online retailer operating in the home, living and lifestyle sectors.
The new operation is based in Clipper's existing facility in Northampton, where some of the Company's operations for John Lewis Partnership and other brands are already located. Clipper will be providing e-fulfilment and returns management services for Amara Living, with the five year contract functioning on an open book basis. The initial space requirement for the contract will be 140,000 sq ft, increasing to nearly 400,000 sq ft by the fifth year of the initial contract term.
Steve Parkin, Executive Chairman of Clipper, said "We are delighted to welcome Amara Living to our growing portfolio of international retailers. Amara Living has achieved very significant growth since its inception in 2006, and we look forward to working with the team to support its continuing growth trajectory."
-Ends-
ENQUIRIES
Clipper: +44 (0)113 204 2050 Steve Parkin, Executive Chairman Tony Mannix, Chief Executive Officer David Hodkin, Chief Financial Officer Public Relations Advisers: Buchanan: +44 (0) 207 466 5000 David Rydell Stephanie Watson Hannah Ratcliff
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 03, 2019 02:00 ET (06:00 GMT)
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