Clipper Wins New Contract with M & Co

9 November 2015.

Clipper wins new Contract with M & Co

Clipper Logistics plc ("Clipper", "the Group" or "the "Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has signed a new contract with Mackays Stores Limited, which trades as M & Co.

The new contract commences on 1st January 2016 and extends through to the end of 2019.

M & Co is one of the largest privately-owned fashion retailers in the UK, and has been selling quality clothing for over 50 years. It has over 250 stores throughout the UK.

Clipper is a leading provider of consultancy-led, innovative logistics services, focussing on the retail sector. In addition to warehousing, distribution and associated services, it is a market leader in the provision of e-fulfilment and returns management services.

Under the new agreement, Clipper will be providing distribution services to M & Co's retail store base on an exclusive basis, using a mixture of dedicated and shared user vehicles from its distribution centres at Harlow, Avonmouth, Brighouse and East Kilbride.

Bryce Howie, Logistics and IT Director of M & Co said : "M&Co are pleased to be going into partnership with Clipper to service our extensive UK wide retail store estate. We are confident that this relationship will continue to enhance the service that we are able to provide to our customers, and that it will be mutually beneficial over the next few years for both Clipper and ourselves".

Steve Parkin, Executive Chairman of Clipper, said : "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".