Running shoe firm 'sprints on' with £1.5 million move
An online running shoe retailer says it is sprinting ahead following a £1.5 million investment.
SportsShoes.com has bought a semi-automated warehouse system.
Bosses say the equipment has sped up distribution to customers across the UK, Europe and Scandinavia, with the Shipley-based operator able to pack up to 600 products every hour.
The investment builds on record turnover at the firm, which saw income rise four per cent to £93.3 million in the year to February 28.
Earnings before interest, tax, depreciation and amortisation increased 13.3 per cent to £6 million, as the business – which was founded in 1982 and works with running brands including Asics, Nike and Adidas – picked up more than 672,000 new customers.
Louise Cartner, SportsShoes.com general manager, said: “This latest investment has made a significant positive difference to our warehouse operations.
“Our new system provides the infrastructure to further enhance the speed and efficiency of our order processing and distribution operations.
“These efficiency gains put us in a stronger position to unlock future scalability for the business by enabling us to explore ways to optimise the way we use our current facilities.”
The company worked with AMH Material Handling, Yorkshire Packaging Systems and Audion Packaging Machines on the project.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy