CLG.L Regulatory News (CLG)

5 December 2017

Clipper Logistics plc

("Clipper" or "the Group")

New five-year contract with Superdry

Clipper Logistics plc (LSE:CLG), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has secured a five-year extension to its contract with Supergroup plc ("Superdry").

Superdry has been a customer of Clipper for five years, and the new agreement will see Clipper continue to provide warehousing, store delivery, e-fulfilment and returns management services, in addition to other value-added services through to September 2023.

Clipper is a leading provider of innovative warehousing, distribution and associated services, and is in addition a market leader in the provision of e-fulfilment and associated services including returns management, focusing on the retail sector.

Gordon Knox, Head of Logistics at Superdry, said: "For the last five years Clipper has worked closely with the team at Superdry to provide a first-class service to our iconic and dynamic business, maximising service delivery at optimum cost. We look forward to continuing to work with Clipper to ensure that our logistics infrastructure supports our ambitious plans, through continual evolution of systems and processes".

Steve Parkin, Executive Chairman of Clipper said: "Superdry has been a key client of ours for five years, and we are delighted that our long-term relationship will continue. Superdry is a world-leading brand that we are proud to support, and our innovative approach to development of solutions for dynamic retailers makes us the "go-to" provider of logistics services."

About Clipper Logistics

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.