Signs 350 New Anti-theft Retail Outlets
Sydney, Dec 9, 2016 AEST (ABN Newswire) - Brand Protection and Customer Engagement solutions company YPB Group Limited (ASX:YPB) is pleased to provide an update on its Australian PROTECT anti-theft business.
In addition to previously announced customers, such as Dan Murphy's and BWS which number around 2,200 retail stores, YPB's solutions will now be implemented at up to 200 Lorna Jane stores across Australia and USA.
The Lorna Jane implementation will bring to around 350 stores the new stores PROTECTED by YPB and three new major chains across Australia, New Zealand and USA.
In addition to Lorna Jane, YPB's solutions will also be implemented within an Australia wide chain of clothing, accessories and home furnishing products. This will include YPB developed bespoke solutions for the chain, including special wraps, which secure boxed items and bed linen, as well as solutions, which alarm themselves when tampered with or taken through the security gates. YPB also will provide this chain with a range of standard solutions including ink tags.
The third major win is with a leading chain in Australia and New Zealand with plans to aggressively expand into Asia. YPB has been awarded the security tag contract to supply all of the chain's suppliers to enable them to pre-apply security tags to products. The specific names of these chains cannot be announced due to confidentiality and security concerns.
YPB Executive Chairman John Houston said: "The penetration into the retail market of our anti-theft solutions continues to grow, providing a strong revenue platform for 2017 with solid growth potential, but more importantly a platform from which we can successfully introduce clients to YPB's wider PROTECT DETECT and CONNECT product offerings."
About YPB Group Ltd
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