Thursday 21st Jun 2018 - Logistics Manager Magazine

TNT Fashion’s Dutch operations put up for sale

TNT Express is looking to sell the Dutch operations of its specialist fashion business TNT Fashion.

The group said the aim of a possible sale would be designed to ensure service continuity.

In the UK, TNT Fashion activities are to be integrated with TNT Express UK & Ireland’s operations to capture the synergies between the two businesses.

TNT Fashion Group BV is headquartered in Oldenzaal in the Netherlands and offers a range of services for the fashion industry, including storage, packing/repacking, distribution and retailing services.

Its customers range from high-end designer labels to high-volume retailers. TNT Fashion Group BV employs about 660 people.

TNT Express is looking to conclude a possible sale by the end of 2013.