9th Nov 2015 09:10
LONDON (Alliance News) - Retail sector logistics services provider Clipper Logistics PLC on Monday said it has signed a new contract with Mackay Stores Ltd, which trades as fashion retailer M & Co.
The new contract will start on January 1, 2016 and will run to the end of 2019. Clipper will provide distribution services to M & Co retail stores under the deal.
No financial details were disclosed.
"We are delighted to be appointed as exclusive provider of logistics services to the M & Co fashion stores. M & Co is a long-established fashion retailer who we are pleased to welcome to our ever-expanding client base," said Steve Parkin, Clipper's executive chairman.
Clipper shares were up 0.9% to 260.25 pence on Monday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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