Kerry Logistics Wins Contract with Marks & Spencer in Greater China
News Release
Kerry Logistics Network Ltd
July 11, 2011
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<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><STRONG><SPAN style="FONT-FAMILY: Arial"><I>Greater China
(</I></SPAN><SPAN style="FONT-FAMILY: Arial"><I>July 11,
2011)--</I></SPAN></STRONG><SPAN style="FONT-FAMILY: Arial"> Kerry Logistics has
been appointed by Marks & Spencer (M&S) as its logistics partner in
Greater China. The contract incorporates logistics services across the supply
chain for M&S, from suppliers' pick-up through to direct delivery to retail
stores across the region. </SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>Under the new contract, Kerry
Logistics manages and operates both M&S's National Distribution Center (NDC)
in Mainland China as well as its Regional Distribution Center in Hong Kong
(HKRDC). Under the direction of the M&S regional sourcing hub, Kerry
Logistics manages M&S's inbound and outbound supply chains and a wide range
of value-added services including packing and unpacking, re-labeling and
steaming.</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>In order for Kerry Logistics to
align with M&S's environmentaland ethical policy, called Plan A, the HKRDC
is located within Kerry Logistics' Product Customization and Consolidation
Center (</SPAN><SPAN style="FONT-FAMILY: Arial">PC<SUP>3</SUP></SPAN><SPAN
style="FONT-FAMILY: Arial">) in Tai Po, Hong Kong. With the aim to be LEED
(Gold) and HK-BEAM (Gold) compliant, this purpose-built facility has
incorporated green technology into the design and construction of the building.
</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>With a total area of 277,000
sq.ft </SPAN><SPAN style="FONT-FAMILY: Arial">(25,700 sq.m)</SPAN><SPAN
style="FONT-FAMILY: Arial">, </SPAN><SPAN
style="FONT-FAMILY: Arial">PC<SUP>3</SUP></SPAN><SPAN
style="FONT-FAMILY: Arial"> is equipped with a Garment-On-Hanger (GOH) Center --
the largest facility of its kind in Hong Kong in terms of scale and
capacity.<SPAN> </SPAN>The PC</SPAN><SUP><SPAN
style="FONT-FAMILY: Arial">3</SPAN></SUP><SPAN style="FONT-FAMILY: Arial">
center supports the daily replenishment of all M&S retail stores in Hong
Kong, covering hanging and boxed garments as well as accessories, footwear and
home products, whilst food merchandise is serviced from Kerry Logistics' cold
store facility located in Tsuen Wan, Hong Kong.</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>"One of the factors in awarding
this contract was that Kerry Logistics specializes in both fashion retail and
cold chain logistics, meeting our different needs on clothing and food
merchandise under one roof," said Simeon Piasecki, Regional Managing Director -
Asia, of M&S (Asia Pacific). </SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>M&S is one of the UK's
leading retailers, with over 21 million people visiting their stores each week.
It offers stylish, high quality, great value clothing and home products, as well
as outstanding quality foods, responsibly sourced from around 2,000 suppliers
globally.</SPAN></P></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.18904"></HEAD>
<BODY>
<DIV>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><STRONG><SPAN style="FONT-FAMILY: Arial"><I>Greater China
(</I></SPAN><SPAN style="FONT-FAMILY: Arial"><I>July 11,
2011)--</I></SPAN></STRONG><SPAN style="FONT-FAMILY: Arial"> Kerry Logistics has
been appointed by Marks & Spencer (M&S) as its logistics partner in
Greater China. The contract incorporates logistics services across the supply
chain for M&S, from suppliers' pick-up through to direct delivery to retail
stores across the region. </SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>Under the new contract, Kerry
Logistics manages and operates both M&S's National Distribution Center (NDC)
in Mainland China as well as its Regional Distribution Center in Hong Kong
(HKRDC). Under the direction of the M&S regional sourcing hub, Kerry
Logistics manages M&S's inbound and outbound supply chains and a wide range
of value-added services including packing and unpacking, re-labeling and
steaming.</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>In order for Kerry Logistics to
align with M&S's environmentaland ethical policy, called Plan A, the HKRDC
is located within Kerry Logistics' Product Customization and Consolidation
Center (</SPAN><SPAN style="FONT-FAMILY: Arial">PC<SUP>3</SUP></SPAN><SPAN
style="FONT-FAMILY: Arial">) in Tai Po, Hong Kong. With the aim to be LEED
(Gold) and HK-BEAM (Gold) compliant, this purpose-built facility has
incorporated green technology into the design and construction of the building.
</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>With a total area of 277,000
sq.ft </SPAN><SPAN style="FONT-FAMILY: Arial">(25,700 sq.m)</SPAN><SPAN
style="FONT-FAMILY: Arial">, </SPAN><SPAN
style="FONT-FAMILY: Arial">PC<SUP>3</SUP></SPAN><SPAN
style="FONT-FAMILY: Arial"> is equipped with a Garment-On-Hanger (GOH) Center --
the largest facility of its kind in Hong Kong in terms of scale and
capacity.<SPAN> </SPAN>The PC</SPAN><SUP><SPAN
style="FONT-FAMILY: Arial">3</SPAN></SUP><SPAN style="FONT-FAMILY: Arial">
center supports the daily replenishment of all M&S retail stores in Hong
Kong, covering hanging and boxed garments as well as accessories, footwear and
home products, whilst food merchandise is serviced from Kerry Logistics' cold
store facility located in Tsuen Wan, Hong Kong.</SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>"One of the factors in awarding
this contract was that Kerry Logistics specializes in both fashion retail and
cold chain logistics, meeting our different needs on clothing and food
merchandise under one roof," said Simeon Piasecki, Regional Managing Director -
Asia, of M&S (Asia Pacific). </SPAN></P>
<P
style="TEXT-ALIGN: left; LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"
align=left><SPAN style="FONT-FAMILY: Arial"><BR>M&S is one of the UK's
leading retailers, with over 21 million people visiting their stores each week.
It offers stylish, high quality, great value clothing and home products, as well
as outstanding quality foods, responsibly sourced from around 2,000 suppliers
globally.</SPAN></P></DIV></BODY></HTML>