Evri
This coverage focuses on Evri’s role and strategy within the UK retail and logistics sectors, offering insights for retail executives, managers, and operations professionals. Reporting covers service expansions, technology investments, leadership changes, partnerships, and performance within the delivery and returns ecosystem. The analysis helps professionals understand how Evri supports retail operations, customer experience, and supply chain efficiency.
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Jul- 2024 -3 JulySupply Chain
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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Jun- 2024 -25 JuneNews
Today’s news in brief-25/6/24
Shein has confidentially filed for an IPO in London, valued at £50bn, despite concerns over its portrayal in the UK which has caused some anxiety among Chinese officials. The fast-fashion retailer, which needs approval from both the China Securities Regulatory Commission (CSRC) and the Financial Conduct Authority (FCA), had previously…
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25 JuneSupply Chain
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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Feb- 2024 -12 FebruaryNews
Evri owner plans offloading business in £2bn deal
Evri owner Advent International is reportedly considering offloading the business for £2bn, according to The Mail. The report stated that Advent International is in talks with advisers from investment bank Rothschild to explore options for the company, including a potential sale. Advent International acquired a 75% stake in Evri, formerly…
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Jan- 2024 -25 JanuaryNews
Today’s news in brief-25/1/24
Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December sales were weaker than expected due to mild and wet weather impacting demand for winter products and footfall in stores. While October and November showed strong sales, the weaker December…
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25 JanuaryOnline & Digital
JD.com partners with Evri on European brand expansion in China
Chinese marketplace JD.com has announced a partnership with Evri in its effort to offer European brands more access to its consumer base in China. In a statement, the marketplace expressed that the partnership will help establish comprehensive two-way logistics services spanning China and Europe. The services will include Evri’s local…
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Dec- 2023 -1 DecemberFeatures
Why retailers and logistic companies need to diversify carriers
In 2022, Evri was responsible for 53% of deliveries from online purchases during peak season in the UK. Evri’s performance has improved since its rebrand in March 2022 from Hermes. However, a quick sweep of the headlines still reveals disgruntlement with a number of carriers in the UK. Three of…
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