Hermes Group, parent company of UK parcel carrier Hermes Parcelnet, has seen “significant growth” in turnover for the twelfth year running, which it attributed to the rapidly growing e-commerce sector. The group’s turnover for 2015 was €2.5bn (£1.9bn) compared to €2.2bn the previous year. This 11% increase, the group said, had been driven by “booming e-commerce”, with the group handling 580 million shipments over the course of 2015. Hanjo Schneider, chairman of the supervisory board of Hermes Europe, said: “We’re […]
Kitchenware retailer Lakeland is to spend £10m expanding its DC in Cumbria by 50% to provide additional capacity to match expected sales growth in the UK and abroad. The company celebrated record sales in 2012 and is looking to add to its 60-strong high street presence in the UK in the coming years, as well as opening shops abroad. With e-commerce sales averaging double digit growth year-on-year at present, it has decided to sign off on a project to expand […]
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.
Hermes has teamed up with ByBox to offer a parcel locker delivery and collection service for SMEs and online retailers.