A Weekly Look at Some Shipping and Logistics News You Might Have Missed
Some of the Smaller Stories from Another Virus Tinged Week
UK – Rail freight grew by 2.1% in Q3 of 2020-21, according to official statistics issued on 4 March by Office of Rail and Road (ORR). This was driven by a growth in construction materials moved by train, up 6.1%, intermodal, up 2.3% and steel and metals, which increased by 12.3%. This was partly offset by reductions in movement of petroleum products which remained suppressed by ongoing travel restrictions, and coal reflecting the ongoing trend to renewable generation.
The period between October and December 2020 covered both the second UK lockdown and the run-up to the end of the Brexit transition period. Maggie Simpson OBE, Rail Freight Group (RFG) Director-General, commented:
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OTB Confirms Interest in Buying Jil Sander
Women s Wear Daily (WWD) 1/18/2021 Luisa Zargani
MILAN The Jil Sander brand could once again end up being controlled by an Italian group.
OTB confirmed to WWD on Monday that it is interested in acquiring the Jil Sander brand and is conducting due diligence.
More from WWD
WWD first reported OTB was eyeing Jil Sander in December. According to a Milan-based source at the time, Onward Holdings Co. Ltd., which owns Jil Sander, had tapped Nomura as adviser and OTB was said to be in exclusive talks with the Japanese group.
While not confirming a specific target, in a statement sent to WWD at the time, OTB said “it is true that we are evaluating different opportunities and companies currently on the market. We want to increase our critical mass and we want to do it in a modern and sustainable way, firstly supporting and strengthening the pipeline, and in general the Made in Italy [initiative], as we did all throughout
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