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BusinessMember

Wolford admits to ‘overstretched’ delivery service amid restructuring efforts

Lanvin-owned tights brand Wolford has admitted to “unforeseen complications” leading to “longer-than-expected delays” on orders over recent months after dissatisfied customers made their complaints about the brand’s delivery service public. In a statement to the Guardian, Wolford said issues arose after it switched to a new delivery provider...

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BusinessFeaturedMember

Yodel acquired by YDLGP Limited

Parcel carrier Yodel has been acquired by YDLGP Limited, a newly formed company backed by a Shift-led consortium, to create a “super scale logistics platform”. YDLGP is backed by a consortium of investors, including Solano Partners Ltd, an independent boutique investment bank that also advised on the acquisition, as well as the leadership team...

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