• Pre-tax profit falls 68 per cent at ASOS
    by Michelle Mooney on 16/10/2019 at 2:43 pm

    Despite turnover increasing 13 per cent year-on-year e-commerce giant ASOS has reported a 68 per cent drop in pre-tax profit. ASOS posted pre-tax profit of £33.1m for the year-ending 31 August 2019, compared to £102m in the previous financial year. Turnover stood at £2.7 billion up from £2.4 billion a year ago. Chief executive Nick The post Pre-tax profit falls 68 per cent at ASOS appeared first on Logistics Manager Magazine.

  • APEX joins Palletforce
    by Michelle Mooney on 16/10/2019 at 2:15 pm

    Acclaim Pallet Express (APEX), has joined Palletforce, part of EV Cargo, to cover West London for the network. Ravi Sandhu, managing director of APEX, said: “APEX has covered the west London area for more than 25 years, but as a relatively small company it has become increasingly difficult to compete against some of the bigger The post APEX joins Palletforce appeared first on Logistics Manager Magazine.

  • Utopia Tableware installs Microlistics WMS
    by Michelle Mooney on 16/10/2019 at 2:11 pm

    Utopia Tableware, supplier of glass and tableware to the hospitality industry, has implemented a warehouse management system from Microlistics at its new distribution centre in Chesterfield. The 170,000 sq ft warehouse is a purpose-built facility, which completes one phase of its £15m plan to improve capacity, productivity, and efficiency across its operations. Following implementation of The post Utopia Tableware installs Microlistics WMS appeared first on Logistics Manager Magazine.

  • Lidl to spend £15bn on British product sourcing
    by Michelle Mooney on 16/10/2019 at 2:06 pm

    Lidl has said it will spend £15 billion over the next five years sourcing and procuring from British suppliers. The supermarket has also said it is targeting an increase in sales of British-sourced fresh meat, poultry and fresh produce by over 10 per cent across the next 12 months. Additional incentives for suppliers will include The post Lidl to spend £15bn on British product sourcing appeared first on Logistics Manager Magazine.

  • DHL shed on market for £60 million plus
    by Christopher Walton on 16/10/2019 at 8:11 am

    A 538,280 sq ft distribution warehouse built to suit for DHL has been put on the investment market for more than £61 million. The unit will operate as a strategic DHL Supply Chain campus for the East Midlands region and is offered for sale with DHL guaranteeing a 20-year lease following completion of the building The post DHL shed on market for £60 million plus appeared first on Logistics Manager Magazine.