Supply Chain

Bangladesh protests to delay clothing manufacturing

Political unrest in Bangladesh is expected to delay clothing manufacturing for fashion retailers such as H&M and Zara in the run-up to the key holiday season, Reuters has reported.  It comes as Bangladesh has seen a rise in violence since July, which has forced Prime Minister Sheikh Hasina to resign…

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JD.com considers Evri bid

Chinese online retailer JD.com is reportedly considering a bid for parcel delivery company Evri. It is now thought to be in the second stage of bidding after tabling a non-binding offer last month, according to Reuters. Other companies involved in the process include Polish parcel locker firm InPost and Alibaba…

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Private equity firms eye Evri deal

A number of private equity firms are reportedly interested in acquiring parcel delivery company Evri, according to Sky News. The outlet revealed that Apollo Global Management and Platinum Equity are thought to be among the parties to have lodged an initial offer for Evri, which is valued at around £2bn.…

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Retailers reportedly scramble for Xmas stock amid surge in shipping costs

European retailers are reportedly scrambling to get their Christmas orders early amid higher shipping costs and trade route disruptions that are impacting holiday deliveries, experts have told the BBC. In the midst of the Israel-Palestine war, many Western firms’ vessels have been attacked by the Houthi rebels backing Hamas over…

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Getir investors injects more cash to fund UK and Europe exit

Getir investors are reportedly set to inject more funds into the company to terminate its operations in the UK and Europe, according to Sky News. The company shareholders have drawn up provisional plans to pump tens of millions of pounds more into Getir in the coming weeks. According to sources…

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Yodel rescued by rival firm Shift

Yodel has announced that it has been acquired by YDLGP Limited, a newly formed company backed by rival firm Shift, for an undisclosed amount. YDLGP is also backed by a consortium of investors including Solano Partners Ltd, an independent boutique investment bank who also advised on the acquisition Yodel also…

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Next to close Bradford warehouse, 780 jobs at risk

Usdaw has entered into consultation talks with Next as the retailer plans to close a Bradford warehouse, putting 780 local jobs at risk.  The news comes as Next wants to centralise its online operations in a bid to improve stock availability.  The union said it understood that the clothing retailer…

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Amazon announces new £450m delivery centre in Stockton-on-Tees

Amazon has announced plans to open a new £450m fulfilment centre in Stockton-on-Tees, County Durham. The 464,000 sq ft fulfilment centre will launch with up to 1,000 employees when it begins handling customer orders in October 2023, growing to 2,000 people. Recruitment has started for roles from engineers to HR…

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Demand for retail warehousing falls to decade low

Demand for retail warehousing has reportedly fallen to its lowest point in the last decade, according to The Telegraph.  The news comes as the surge in online shopping which culminated at its peak during the Covid-19 pandemic has also begun to falter with shoppers returning to the high street.  The…

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Amazon workers in Coventry stage two more strike days

GMB Union members at an Amazon fulfilment centre in Coventry staged a strike yesterday (24 May) with another planned for tomorrow (Friday 26 May).  This takes the total number of days on the picket line to 16 for the union members, who are still aiming for £15 per hour, according…

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