Evri's Parcel Deliveries Surge with Pre-Loved Fashion Boom
The parcel company reports record profits and significant growth driven by online secondhand shopping trends.
- Evri delivered over 730 million parcels in the last financial year, marking a 16% increase and setting a new company record.
- The surge in deliveries is attributed to the rising popularity of online marketplaces for secondhand goods, particularly in the fashion sector.
- Evri's profits more than doubled to £119 million, supported by a £32 million investment in customer service improvements.
- The company plans to hire an additional 8,000 couriers and 1,000 warehouse staff to support its growth ambitions.
- Evri was acquired by Apollo Global Management for £2.7 billion, reflecting investor confidence in its innovative, low-emission delivery model.