Thiel FashionLifestyle Honored as Leading Fashion Logistics Provider by Global Institute of Logistics

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German- based specialist logistics provider Thiel FashionLifestyle has been named Best European Fashion Logistics Provider 2007' by the Global Institute of Logistics.

Following a detailed research and selection process into leading providers of supply chain and logistics services in the garment and fashion industry supply chain and third party logistics services in Europe, the Global Institute of Logistics has named Thiel FashionLifestyle as the leading provider for its specialised service. Thiel fashionlifestyle specialises in logistics for hanging and flat pack garments as well as lifestyle-related goods such as for example cosmetics.

Thiel employs 1,700 employees across Europe and has been the leader in the shipment of hanging garments in Germany and Austria and Spain for years now. In cooperation with international partners, Thiel operates the only pan-European full-coverage textile logistics network.

Thiel wins this award following a comprehensive study conducted by the research department of the Institute over the last year.

Thiel FashionLifestyle has demonstrated a remarkable ability to adapt to the changing needs of this consumer led sector. The Company has evolved its product offering to give time and space saving solutions to the high street brands it supports, enabling their retailing clients to sustain ATT (all-the-time) availability for its customers.

Speaking at the announcement of the award to Thiel FashionLifestyle, Kieran Ring, CEO of the Global Institute of Logistics said:

"I am delighted to confirm the Institutes Decision to name Thiel as its choice for its "Best European Fashion Logistics Provider 2007'. The announcement reflects the Institutes continued confidence in Thiel as the premier innovator in fashion logistics in Europe and in particular to the organizations continuing commitment to a culture of continuous improvement and innovation in the design and implementation of logistics solutions on behalf of its clients."

Reacting to news of the award Mr Friedhelm Schmitter, Managing Director of Thiel FashionLifestyle said:

"We are exceedingly happy and grateful for having received the award. We see this prize as an endorsement for our development work in offering customised logistics solutions to diverse customer groups. This starts with logistics schemes for raw material, in which we transport cloths and raw material from the country of production straight to processing and from there offer a modular range of individual store supply solutions, suiting the need of each customer. One example is our Speed Module, which allows daily supply of the POS in the early morning in order to render expensive storage space downtown unnecessary. Another example is the High End Solution which connects the Speed Module with Shelf Services at the POS and that way frees the shop assistants from extra work."

Information on Thiel FashionLifestyle and Thiel Logistik AG

Thiel FashionLifestyle GmbH, Aschaffenburg, specialises in logistics for hanging and flat pack garments as well as lifestyle-related goods such as for example cosmetics. The company employs 1,700 employees across Europe and has been the leader in the shipment of hanging garments in Germany and Austria and Spain for years now. In cooperation with international partners, Thiel FashionLifestyle operates the only pan-European full-coverage textile logistics network. Outsourcing solutions, warehousing and value-added services of different types such as processing and handling customs procedures are part of the portfolio. Organising complex supply chains completes the profile. Thiel FashionLifestyle is a subsidiary of Thiel Logistik AG.

As an external partner, Thiel Logistik, Grevenmacher (Luxemburg) develops comprehensive logistics and service solutions for industry and commerce. Thiel Logistik is active in Europe's most important markets and in all-important procurement and sales markets worldwide, with access to a total of approximately 350 locations on all continents. The business areas are branch solutions, Air & Ocean, the business area for air and sea freight, as well as regional logistics services. Thiel Logistik AG is listed in the Prime Standard of the German Stock Exchange. The main shareholder of the company is DELTON AG, Bad Homburg, with 50.26 per cent of the capital stock.

More information is available at http://www.birkart.com and http://www.thiel-logistik.com

About the Global Institute of Logistics

The Global Institute of Logistics is a community of logisticians and supply chain professionals drawn from the global business community who support the Institutes objectives of creating end-to-end integration and visibility in the global supply chain.

The Institute acts as a bridge between the academic world and the world of business, educating the global supply chain community on the latest in academic thinking while at the same time balancing and correcting the various hypothesis emanating from the academic community with the real experience of early adopters.

Media Contact:

Siobhan Kelly

Global Institute of Logistics

245 Park Avenue

24th and 39th Floors

New York, NY 10167

USA

Tel: (+1) 212 672 1846

Fax: (+1) 212 792 4001

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