Contract

17 October 2017

Clipper Logistics plc

New Contract Win

Clipper announces new European returns contract for ASOS

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 entered into a new contract with ASOS to handle European returns from Clipper's multi-user site in Poznan, Poland.

Under the contract, which is for an initial three year term, 350 new jobs will be created at the Poznan site, which currently services the Westwing business. The new ASOS contract will commence in October 2017.

Steve Parkin, Executive Chairman of Clipper, commented: "This new contract represents a major achievement in the delivery of our European expansion strategy. The Group remains focussed on winning new contracts with both new and existing customers, in both the UK and Europe, and we hope to update the market with further wins in the coming weeks."

Founded by Steve Parkin in 1992, Clipper is amongst the leading providers of value-added logistics solutions and e-fulfilment to the retail sector in the United Kingdom, with an expanding business in Germany, and employs nearly 4,000 people. The Group provides consultancy-led services within the online fashion and general merchandise sectors to its blue-chip client base including Harvey Nichols, ASOS, The John Lewis Partnership, Asda, Supergroup, Morrisons, New Look and Sainsbury's.