GLP to develop Adidas' largest distribution center in Asia

[upamfva]

GLP to develop Adidas' largest distribution center in Asia



Following its acceptance of the Chinese consortium buyout offer, the Global Logistics Properties, the leading global provider of modern logistics facilities, has signed an 83,000 square meter (sqm) build-to-suit (“BTS”) agreement with Adidas to develop their largest distribution centre in Asia.To get more news about GLP Robotics, you can visit glprobotics.com official website.

The customer is doubling its space at the same park in Suzhou, Eastern China to meet strong demand from growing domestic consumption.

GLP continues to drive the development and management of modern logistics facilities of high functionality and sustainability whilst accommodating customers’ needs to introduce automation and robotics equipment to enhance operational efficiency.

This build-to-suit project with Adidas, comprising three double-story buildings, will be GLP’s first LEED (Leadership in Energy and Environmental Design) Gold standard facilities in China. LEED is the world’s most widely recognised and used standard for measuring the performance of green buildings.

Victor Mok, Co-President of GLP China, said the expanded cooperation with Adidas enables the group to build superior long-term partnerships.

“This build-to-suit project with Adidas exemplifies how we are able to leverage our strategic local partnerships to acquire scarce land resources to meet customers’ needs in prime locations. The project also reflects strong growing demand for logistics facilities to serve organised retail and domestic consumption. GLP looks forward to supporting these growth trends in China," he said.

[davidjohn34]

Adidas, the leading sportswear brand in the world, has announced that it will invest $1 billion in a new distribution center in China. The new facility will be located in the city of Shenzhen and will be the largest nyt mini crossword Adidas facility in Asia. The new facility will be used to distribute Adidas products to stores across China and will also serve as a hub for Adidas' global supply chain.

[AntonioL00]

GLP has been selected by Adidas to develop its largest distribution center in Asia. This is the first time that GLP has been selected to develop such a facility while still being small enough to be able to provide appropriate support to the customer's needs. It is a sign of our commitment to helping Adidas expand production and enhance its supply chain that we have entered into a binding agreement with Adidas Asia Limited to develop its largest distribution center. Just you can get is it safe to buy essay for more latest tips of study. This acquisition provides GLP with the ability to provide our customers with the highest quality products, as well as making it easier for us to reach targets by increasing efficiency from Adidas' sales channel.

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Adidas is looking to expand its distribution center in Asia, which is currently the company's largest in the region. The company recently announced plans to build a new distribution center in Heardle Guangzhou, China, which will be the company's largest facility outside of Europe and North America.

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In an effort to turn around its fortunes in China, long its most significant growth market, Adidas nyt sudoku claimed last year that it had started an action plan. It has established a special marketing studio and is producing more goods just for the Chinese 1001 tips market.

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Adidas is looking to develop its largest distribution center in Asia. The new center will be located in the city of Shenzhen, and it will be the company's first global distribution center. The center will be used to store and distribute subway surfers Adidas products worldwide, and it will be able to handle up to 100,000 square feet of space.

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