Monday 19th Aug 2019 - Logistics Manager Magazine

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Adidas profits rise despite supply chain shortages

Supply chain shortages in North America have done little to dent sales growth at adidas in the first half. Overall group revenue for the first half rose five per cent to €11.4 billion while operating profit was up 13 per cent to €1.5bn.

H&M’s MK hub to create 800 jobs

Recruitment is now underway at H&M’s 73,000 sq m logistics hub in Milton Keynes and is set to bring 800 jobs to the region.

Puma to reduce emissions by 35pc

PUMA aims to reduce its greenhouse gas emissions from its facilities and energy needs by 35 per cent by 2030 to meet the goals of the Paris Agreement.

H&M backs Maersk’s carbon-neutral shipping product

Fashion retailer H&M is supporting Maersk’s carbon-neutral shipping product, the company has revealed, saying: “It is important to the H&M Group that tangible steps towards the decarbonisation of ocean shipping are taken.”

Isawitfirst.com partners with CollectPlus

Online fashion retailer Isawitfirst.com has partnered with CollectPlus to offer its customers a store-based delivery and returns service option at one of 7,000+ CollectPlus Points across the UK.

Difficult times for Ted Baker

Ted Baker has seen a 3.8 per cent increase in Group revenue for the for the 19-week period from 27 January 2019 to 8 June 2019 which it has described as a “difficult” trading period due to consumer uncertainty in a number of its key markets.