ASOS fashion retailer and French Logistics Group signed a 100000000 Euro logistics agreement

ASOS fashion retailer in July in China and commerce platform vendor Hybris after signing the agreement, France local time announced in September 2nd and France logistics group Norbert Dentressangle signed a 100000000 Euro three years logistics cooperation agreement.
According to the agreement, ASOS fashion retailer appointed French logistics group ASOS management in UK Barnes Leigh 1100000 square feet (102193 square meters), with 1200 employees of logistics warehouse. ASOS's previous logistics partner Unipart Logistics, these employees will transfer to the new country logistics group cooperation method.
ASOS supply chain director Mark Holland said in a statement that cooperation and French Logistics Group will continue to promote the ASOS global service system, create a customer centric efficient logistics system, complete the ASOS become the young fashion online retailers mission.
France logistics group business development director Martin Palmer says, the company will introduce new solutions for ASOS, for ASOS global expansion and sales service.
In June 10th, ASOS fashion retailer reported three quarter earnings, as of the first three months of May 31, 2013, total revenue of ASOS company for $197200000, a year-on-year growth of 43%. The retail sales of ￡ 193600000, grow 45% compared to the same period last year 133900000, higher than analysts forecast 41.8%. Retail gross margin increased 10 basis points.
UK sales rose 39% to $64500000, an increase of more than two quarter of 28%, an increase of 11 percentage points. To increase the international retail sales from the same period last year 87490000 pounds and 48% pounds to 129000000 pounds, which the United States and Europe sales were up 59% and 56% to 21250000 pounds and 47220000 pounds, other regional sales amounted to 60800000 pounds, an increase of 38% compared with the same period last year. International sales accounted for the proportion of total retail sales rose to 67% from 65% last year.
During the first quarter, ASOS fashion retailer online e-commerce sites, local version of the russian. ASOS says, will launch a Chinese website in October.
MYEX Minya Express International
2013-09-04