Milan, Italy, 17 April, 2013 – CEVA Logistics, one of the world’s leading supply chain companies, has signed a new five year e-commerce contract with Liu-Jo, a leading company in fashion apparel, accessories and footwear, operating approximately 310 mono brand stores and 5,100 multi brand stores worldwide.Under the terms of the contract, CEVA will provide Liu-Jo with solutions for online sales, such as packaging, gift packaging and the management of Liu-Jo returned apparel, bags, shoes and accessories at CEVA’s warehouse located in Cortemaggiore, near Piacenza. CEVA will also provide highly customized value-added services, such as the personalization of products on an individual consumer basis. CEVA will also manage transport activities across Europe.
CEVA boasts a solid and deep experience in the fashion market and delivering e-commerce supply chain solutions, handling both flat and hanging garments, accessories and shoes for many leading fashion brands, as well as the transport of different kinds of products purchased online, offering full visibility of all orders. CEVA has also established competence in reverse logistics management and provides efficient and integrated solutions that deliver progressive cost optimization and constant visibility of all goods within the supply chain, including returns.
Andrea Cappi, E-commerce Director of Liu-Jo, said: “We chose CEVA to manage our product, packaging, gift packaging, distribution and reverse logistics because we know we can count on them as a strategic partner who will offer us excellent and impeccable solutions. The know how that CEVA has gained at the international level, along with several partnerships sealed with other important e-commerce customers, will be key to support our business objectives, not only in Italy, but also abroad. Our company and CEVA share the same focus on innovation and search for quality, which are fundamental in order to gain competitive advantage.”
Giuseppe Chiellino, MD of CEVA in Italy, said: “Italy now has more than 12 million active online shoppers, so there is a huge demand for expert logistics providers. Our knowledge of the fashion sector, our e-commerce experience and our commitment to Operations Excellence give us a competitive edge within our industry. A distinctive element of this contract is the integrated collaboration with Liu-Jo’s marketing department, where we provide customized service to the end consumer. This helps Liu Jo gain a critical advantage in its market. CEVA strives to guarantee the best lead times and offer the right flexibility to support customers in their e-commerce activities.”
CEVA – Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 50,000 employees in more than 160 countries are dedicated to delivering effective and robust supply chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com
Liu-Jo was born in 1996 from a brilliant intuition by the Marchi brothers – Marco and Vannis. The enterprise started in Carpi, the Italian knitwear district par excellence, known as one of the main drivers of Italian industry and crucial crossroads of research, technology and tradition. The brand developed quickly and strengthened its presence in the clothing sector. Today Liu Jo Spa produces and distributes the brands Liu Jo, Liu Jo Jeans, Bottom-up by Liu Jo, Ajay, Liu Jo Accessories and Shoes dedicated to the women world, Liu Jo Jeans Men, Liu Jo Junior and Baby. The company counts in the world approximately 310 single-brand stores and 5,100 multi-brand stores, with a presence in 44 countries.
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2013 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.