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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 |
TIDMCLG
Clipper Logistics plc
27 September 2019
27 September 2019
Clipper Logistics plc
Clipper Logistics plc Provides Brexit Solution for Retailers
Clipper Logistics plc (the "Company"), a leading provider of e-fulfilment, returns management and other value-added logistics services to the retail sector, is pleased to announce that it has developed an innovative fulfilment and returns solution which can be quickly implemented, targeting retailers' challenges in relation to Brexit.
The Company has developed implementation capability that enables a retailer to hold stock in multiple jurisdictions so that online orders placed worldwide can be fulfilled either from the UK or from Mainland Europe. Over the last three years Clipper's Europe-wide fulfilment and returns management operations have been rapidly expanded to help support growing demand in both the UK and Mainland Europe.
The development of this capability means that Clipper can support retailers from a multi-lingual, multi-currency platform. Orders can be segregated for fulfilment from any distribution centre, with the retailer having a consolidated view of stockholdings, product intake, orderwells and dispatches.
Clipper has recently implemented this solution for a well-known UK-based retailer, for whom online orders placed in Mainland Europe will be fulfilled from a facility in Poznan, Poland, rather than from the UK. The operation went live in just eight weeks, with absolute continuity of service to the retailer's customer base.
Steve Parkin, Executive Chairman of Clipper, said "Clipper has always been at the forefront of developing practical solutions to address the changing needs of retailers. Brexit is the next significant shift in the retail landscape, and Clipper has developed a capability that is flexible to help retailers respond to any Brexit outcome. We have solutions in place that can be quickly deployed to ensure our clients can continue to provide a seamless service to their customers."
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
September 27, 2019 08:10 ET (12:10 GMT)
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