Logwin opens ‘red carpet logistics’ warehouse in Beijingby Press Release on 2012-02-03 22:42:12
After the successful launch of ‘red carpet logistics’ concept in Malaysia, Logwin opens the second special warehouse in Beijing and forecasts strong consumer demand in China for European fashion and lifestyle branded products in 2012. Meanwhile growth in China’s luxury brand market is forecast to grow by 20% in 2012 to US$20 bn according to a recent survey.*
Beijing, February 3, 2012
Logwin, a global leader in air and ocean freight and logistics services, has opened a fashion logistics warehouse in Beijing as part of the expansion of its specialist „red carpet logistics? network in Asia.
“In 2012 we are expecting strong growth in the China market for our customers fashion products and the opening of our „red carpet logistics? warehouse in Beijing demonstrates our confidence in the market,” said Tomas Sonntag, Managing Director of the region Far East Asia at Logwin?s business segment Air + Ocean.
The 1,500 sq. m. warehouse is located 6 km from the Beijing airport and offers easy access to the city centre. The premises are state of the art and are equipped with the latest safety and security systems. The new customized warehouse is the second to open in Asia following the launch of „red carpet logistics? in Malaysia in November last year, where the first fashion logistics warehouse opened at Shah Alam near Kuala Lumpur.
With the premium service „red carpet logistics? Logwin offers the full range of dedicated services, from transportation to logistics solutions for high-end fashion customers. All current and future ?red carpet logistics? warehouses are specially designed to meet the needs of Logwin?s high-end brand named clients.
Logwin aims to strengthen its leading position in the fashion and lifestyle logistics sector through the expansion of its „red carpet logistics? network and service offering across Asia. As a result the logistics specialist will provide better reach for its fashion brand customers to markets in Malaysia, Singapore, Hong Kong and Mainland China as well as Indonesia, Vietnam, Thailand and Australia.
Logwin has been present in Asia for nearly 40 years and is operating in China for nearly 20 years. The company is continuously expanding its network across the region.
* The survey was conducted by Bain & Company, one of the foremost and respected forecasters on the outlook in China’s luxury retail scene. According to a recent survey the luxury market is forecast to grow by 20% in 2012 when compared to 2011, with an estimated value in excess of US$20 bn.
About Logwin AG
As an external partner, Logwin AG, Grevenmacher (Luxembourg), develops a comprehensive range of logistics and service solutions for trade and industry. In 2010, the group generated sales of 1.4 billion Euros and currently employs more than 5,900 staff. Logwin operates in all main markets worldwide and has approximately 250 locations across all continents. With its two business segments Solutions (customer-focused contract logistics solutions) and Air + Ocean (global air and sea freight activities), Logwin AG is one of the leaders in the market.
The Logwin business segment Air + Ocean is represented at over 200 locations, of which 115 are wholly-owned, on all five continents. Around 2,000 employees provide air and sea freight transport as well as specially tailored and complex logistics solutions. The focus of their international engagement is in Europe, Asia, Australia, South America and South Africa. The global network is reinforced by partnerships and cooperation agreements, which include membership of the sea freight cooperation Group 99 and the air freight cooperation FUTURE.
Logwin AG is listed in the Prime Standard of the Deutsche Börse. The majority shareholder is DELTON AG, Bad Homburg (Germany).