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."

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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

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October 03, 2019 02:00 ET (06:00 GMT)

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