StockMarketWire.com - Clipper Logistics, a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, has secured a significant extension to its contract with New Look.

New Look has been a customer of Clipper for 13 years, and the new agreement will see Clipper continue to provide store delivery and collection services, as well as a wide range of other services, through to July 2019.

In addition to being a market leader in the provision of e-fulfilment and associated services including returns management, Clipper is a leading provider of innovative warehousing and transport solutions to the retail sector.

Under the new agreement, Clipper will continue to deliver all retail products to stores, including boxed and hanging garments, to New Look's 542 retail outlets. Deliveries will be made on a set weekly frequency per store, and Clipper will make almost 100,000 store deliveries each year. The Group uses a combination of day and night time deliveries to provide optimum service at minimum cost.

In addition to store delivery, Clipper will also handle all "click and collect" items to be delivered to store, an increasingly attractive service chosen by online shoppers.


At 8:37am: [LON:CLG] Clipper Logistics share price was +5.88p at 177.88p



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