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INSIDE THE CITY

Pressure is on Clipper to keep delivering

The Sunday Times

Clipper Logistics has done a roaring trade in lockdown as bored shoppers have splashed out on goods from clients such as H&M, John Lewis and Marks & Spencer.

Its 52 warehouses and 500 lorries do everything from storing stock and packaging goods to handling returns for some of the biggest brands — ensuring that consumers quickly get their hit of retail therapy while shops are shut.

The buzz of the Covid-19 era — helped by a government contract to distribute PPE and rumours of private equity interest — has sent the shares rocketing after a rocky few years. The price has risen almost 300 per cent since the end of last March, peaking at 644p in January. It has since drifted down and closed on