Logistics news and archive

Cart.com secures 60 million dollar funding round, hits 1.2 billion dollar valuation

Cart.com, a commerce solution provider, has announced it has raised 60 million dollars in a Series C equity funding round, bringing its valuation to 1.2 billion dollars. The round saw participation from the likes of B. Riley Venture Capital, Kingfisher Investment Advisors and Snowflake Ventures, among other strategic corporate and financial...

Business

Target to invest 100 million dollars in sortation centres

US department store retailer Target has announced it is planning to inject a 100 million dollar investment into scaling its sortation centre network. Through the funding, the company is hoping to open six additional facilities by the end of 2026, bringing its network to 15. Currently, the retailer operates nine centres in Minnesota, Texas,...

Business

Moss Bros and THG among retailers introducing return fees

A number of retailers have said they would be introducing a fee for shoppers looking to return items bought online just one week after the busy holiday season. THG, Moss Bros and Mountain Warehouse have announced the new condition, according to The Telegraph, as return rates continue to increase. Beauty conglomerate THG, which owns the likes of...

BusinessFeatured

Sojo acquires zero-emissions courier and logistics start-up Spedal

Fashion-tech start-up Sojo, which connects consumers with local seamster businesses through a bicycle delivery service, has acquired zero-emissions courier and logistics start-up Spedal to bolster its in-house operations. Following the 2.4 million US dollar pre-seed funding round led by CapitalT in April 2022, garment repair app Sojo is adding...

Business

Asos partners with Hived for “emission-free” delivery in London

E-commerce retailer Asos has partnered with logistics firm Hived to launch “emission-free parcel delivery” in the area of Greater London. The deal will enable Asos’ Instant same-day delivery to orders in the area, utilising Hived’s fleet of electric vehicles for the shipping option. In a release, Adam Scholes, director of delivery solutions at...

Business

Marks & Spencer among retailers cutting back orders as warehouse stocks rise

A number of British retailers are facing the pressure of rising stock and unsold clothing as a result of improving supply chains and a lack of demand within the current season. Marks & Spencer is among those that are attempting to withstand these issues, with it said to have postponed deliveries to its warehouses and delayed finalising its...

Background

This is how a fashion brand's collection is created

BACKGROUND - What is involved in the development of a fashion collection exactly? FashionUnited has covered everything, from the design and production process to the journey your garment makes from the drawing board to the shop shelf, in this background article. We will start at the beginning, with an explanation of what a fashion collection...

Business

Boohoo to boost US business through DHL partnership

Fast fashion retailer Boohoo is looking to continue growing in the US through a new partnership with logistics company DHL. The firm, which is part of Deutsche Post DHL Group, has been selected by the fashion group to manage its first US-based distribution centre, through which it will support the company’s expansion in the region. Based in...

Business

Amazon to invest one billion euros in electric vehicle push

Marketplace giant Amazon is set to invest one billion euros into electric vans, trucks and low-emission package hubs across Europe, in a bid to achieve net-zero carbon emissions. In a release, the global retailer said it will be using the funds to implement more than 100,000 electric vehicles by 2025. According to Reuters, the number is triple...

Business

Narvar partners with logistics platform Fillogic to simplify returns

Narvar has announced a new partnership with logistics-as-a-service platform Fillogic with the goal of helping retailers and brands simplify and expedite product returns. The partnership will bring together Narvar’s end-to-end returns management solutions and Fillogic’s Hub Network and sortation technology. Fillogic will now be able to pick up...

Business

Infinited Fiber Company to invest 400 million euros in commercial-scale factory

Textile technology firm Infinited Fiber Company has announced plans to build its first commercial-scale factory in Kemi, Finland, where it will produce regenerated textile fibre for apparel. The factory will be located at the Veitsiluoto industrial site of renewable materials company Stora Enso, in a converted building that is currently housing...

Business

Bestseller signs contract for Netherlands distribution centre

Denmark clothing company Bestseller has announced it has signed a contract to build a logistics centre in Lelystad, the Netherlands. The company will be investing DKK two billion (230.6 million pounds) to build the centre, for which plans were first revealed back in October 2021. Created to aid in the expansion of the group’s supply chain and to...