FitFlop pinpoints Ryder’s technology and
scalability as key factors in selection amid ambitious North
American growth plans
Ryder System, Inc. (NYSE: R), a leader in supply chain,
dedicated transportation, and fleet management solutions, is the
new e-commerce, omnichannel fulfillment, and reverse logistics
provider for U.K.-based footwear brand FitFlop. With expansion
plans throughout the U.S. and Canada, FitFlop selected Ryder for
its expertise in providing tech-forward, scalable supply chain
solutions for high-growth fashion and apparel brands.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240502543943/en/
U.K.-based footwear brand FitFlop's new
U.S. logistics operations are strategically located within Ryder’s
newly built 700,000-square-foot multiclient warehouse facility in
Columbus, Ohio. Ryder now provides e-commerce and omnichannel
fulfillment as well as reverse logistics for the high-growth brand.
(Photo: Business Wire)
FitFlop’s new logistics operations are strategically located
within Ryder’s newly built 700,000-square-foot multiclient
warehouse facility in Columbus, Ohio – one of the nation’s
fastest-growing large metropolitan areas with access to more
Americans within 500 miles than any other major inland or coastal
port and to 80% of the U.S. population within two days via standard
ground shipping.
Additional benefits to FitFlop include a more efficient facility
with faster fulfilment times and ample storage, the ability to rate
shop and to expand transportation capabilities across its
omnichannel business, quicker returns processing, Foreign Trade
Zone optimization, and increased supply chain resilience with
Ryder’s well-established and flexible North American transportation
network.
“The FitFlop team has been deliberate in finding fulfillment
partners with proven experience in their product category, as well
as the strongest possible handle on the local market,” says Jeff
Wolpov, senior vice president of e-commerce for Ryder. “Both
categorically and geographically, Ryder is equipped to help FitFlop
realize scalable omnichannel success. We look forward to seeing the
company thrive with the help of Ryder’s fulfillment and reverse
logistics expertise, vast nationwide distribution network,
extensive technology suite, best-in-class warehouse management
practices, and end-to-end transportation logistics solutions.”
In addition to enabling FitFlop to enter new markets, the
footwear brand and Ryder aim to elevate the level of service
provided to FitFlop’s omnichannel customers – including major
retailers, boutique shops, the brand’s U.S. flagship store in New
York’s Soho district, and e-commerce consumers – namely by having a
local, reliable logistics partner with a proven track record for
helping brands seamlessly scale with growth, market fluctuations,
and seasonality.
“We collaborated with Ryder on what was a challenging timeline
involving much work across the holiday period and New Year to check
we were set up for a February go-live,” says Sal Billington, global
logistics director for FitFlop. “An incredible amount of effort was
provided from both businesses to achieve the smooth implementation
we experienced. Thanks to everyone involved, this will set up our
U.S. business with a solid range of omnichannel services for the
future.”
Ryder now operates four multiclient distribution centers in the
Columbus area, due to its relatively central U.S. location and
proximity to key transportation hubs and population centers.
Additionally, Ryder operates nearly 300 warehouses encompassing
more than 100 million square feet across North America; and,
through its e-commerce business, has the ability to deliver to 100%
of the population within two days and 60% within one day.
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door
logistics and transportation company. It provides supply chain,
dedicated transportation, and fleet management solutions, including
warehousing and distribution, contract manufacturing and packaging,
e-commerce fulfillment, last-mile delivery, managed transportation,
professional drivers, freight brokerage, nearshoring solutions,
full-service leasing, maintenance, commercial truck rental, and
used vehicle sales to some of the world’s most-recognized brands.
Ryder provides services throughout the United States, Mexico, and
Canada. In addition, Ryder manages nearly 250,000 commercial
vehicles, services fleets at 760 maintenance locations, and
operates nearly 300 warehouses encompassing more than 100 million
square feet. Ryder is regularly recognized for its industry-leading
practices; technology-driven innovations; corporate responsibility;
environmental management; safety, health and security programs;
military veteran recruitment initiatives; and the hiring of a
diverse workforce. www.ryder.com
About FitFlop
We were born different. Unlike other brands in our category,
we’re a smart engineering company that happens to make footwear.
Through biomechanical engineering and ergonomic design, we help
people achieve more and feel better with contemporary every-day
footwear that helps maximise your energy as you move.
Founded in 2007 by entrepreneur Marcia Kilgore, we’ve been set
apart from the pack from the get-go. Harnessing our unique
scientific approach (fusing world-class biomechanics and advanced
technology with bold, directional design) led to our first product
– the WalkStar 1 sandal – quickly becoming a global phenomenon.
And it’s this unique, smart ethos – blending science and
shoe-making smarts – that has created the fast-paced, celebrated
brand we are today, with more than 65 million pairs sold across the
globe.
You can find us in 73 countries with a total of over 5,000
stores and stocked by more than 2,000 retailers and 31
distributors. Our 145 FitFlop concept stores are located in the
U.K., U.S., Europe, the Middle East, India, and the APAC region. As
well as our growing head office in the U.K., we have new showrooms
in London and New York.
Our community of wearers spans motivations and generations,
women and men who live intentionally – always looking for ways to
help optimise their every-day. www.fitflop.com
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are “forward-looking
statements” within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
including our expectations regarding customers’ operations and
demands, are based on our current plans and expectations and are
subject to risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
ryder-scs
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240502543943/en/
For Ryder: Lee Groeger, 3E Public Relations,
609.472.1448, lgroeger@3epr.com
For FitFlop: Eleanor Wardle, FitFlop,
eleanor.wardle@fitflop.com
Ryder System (NYSE:R)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ryder System (NYSE:R)
Historical Stock Chart
From Sep 2023 to Sep 2024