Logistics provider Lloyd Fraser said it had enjoyed an “unprecedented” number of contract renewals in its fashion transport division this year.

The company said taking into account the current economic climate, it was testament to the culture of the business and its employees that it had renewed a high number of contracts.

Lloyd Fraser said the retention rate came at a time when the company was undergoing considerable change and was testament to its “customer focused ethos”.

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Craig Welch, Lloyd Fraser COO fashion and 3PL, said: “Lloyd Fraser customers are at the very heart of our business and we are committed to working in partnership with them to ensure we are able to deliver an optimum solution to meet their specific requirements.

“Our customer centric culture has enabled the business to maintain long-term relationships, establishing our leading position as the go-to high-end fashion delivery experts in the UK.”

Welch added: “Lloyd Fraser is now entering an exciting new chapter for the business with the launch of our new 3PL division and further expansion plans in the pipeline.”