20 August 2021
Clipper Logistics plc
New contract win
Clipper extends international footprint with Irish retail contract
Clipper Logistics plc ("Clipper", "the Group" 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 it has signed a new five-year contract with Ireland's largest sports retailer Life Style Sports (Ireland Limited). Clipper will provide e-commerce and store replenishment operations from a new distribution centre in Rathcoole, South of Dublin.
Life Style Sports trades from 42 retail stores across the Island of Ireland from Cork to Belfast and also operates an e-commerce platform for its sportswear ranges.
Life Style Sports previously operated its own warehouse and fulfilment operation but moved to a third party service provider in 2015. Clipper has now won this contract following a competitive tender process.
The new contract is for an initial five-year period and the Rathcoole facility comprises 100,000 square feet of warehousing space, that can be extended over time through the use of mezzanine floors. To support the new contract 75 new jobs will be initially created and over time it is envisaged that as many as 110 new roles may be required.
Clipper has developed an automated solution for Life Style Sports utilising leading smart logistics technology, Geek+, a 'goods to person' robotics solution and auto bagging operation, which will facilitate this transformational project. It is anticipated that the Life Style Sports operation will go live in January 2022.
Steve Parkin, Executive Chairman of Clipper, said: "We are delighted to win this new contract with Life Style Sports, which extends both our geographic footprint in Ireland and showcases Clipper's ability to lead this major transformation for Ireland's largest sports retailer. Working with Geek+ Clipper is providing a technology based solution, which demonstrates that Clipper remains at the forefront of technological solutions for end-to-end services in omnichannel retailing."
Mark Stafford, CEO of Life Style Sports, said: "We chose Clipper as our service provider given their excellent reputation for delivering rapid and effective logistics solutions. We look forward to working together in the years to come."
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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 | | ||
| Greg Lawless, IR & Comms Director
Financial PR: | | ||
| Buchanan: | +44 (0) 207 466 5000 | ||
| David Rydell | | ||
| Stephanie Whitmore | | ||
| Hannah Ratcliff | | ||
| | | | |
About Clipper
Clipper Logistics plc ( www.clippergroup.co.uk ), which is premium listed on the Main Market of the London Stock Exchange, is a leading provider of value-added logistics solutions, e-fulfilment and returns management services, delivering value-added, consultancy-led services to its blue-chip client base. A profitable and cash generative commercial vehicles business complements the Group's logistics activities.
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