Perfect Moment Opens European Distribution Hub in Netherlands for Logistics Transformation
PorAinvest
lunes, 7 de julio de 2025, 5:29 pm ET1 min de lectura
PMNT--
The new facility in the Netherlands will replace Perfect Moment's former warehouses in the UK and Hong Kong, which are due to close as part of a broader restructuring initiative. This initiative is designed to reduce the number of logistics touchpoints from approximately 11 steps to just five, significantly accelerating delivery times and improving overall efficiency [1][2][3].
Historically, logistics costs have represented a higher percentage of Perfect Moment's revenues than the company was satisfied with. Under the new model, the company is working diligently to achieve a meaningful reduction in these costs. The new distribution hub is expected to contribute to ongoing and sustainable increases in gross margins [1][2].
Max Gottschalk, Chairman of Perfect Moment, noted, "This marks a critical step forward in Perfect Moment’s journey. The new distribution facility is a cornerstone of our broader operational transformation, enabling us to streamline our supply chain, accelerate delivery timelines, and significantly reduce complexity" [1].
Under the leadership of COO and CFO Chath Weerasinghe, Perfect Moment has already delivered early wins, including shipping its first deliveries of Fall/Winter 2025 product two months ahead of last year’s timeline [1][2]. These improvements position the company with greater operational strength and agility, especially during the important fall and winter seasons when demand for their brand is at its highest [1][2].
The Netherlands-based hub is operated in partnership with GEODIS, a leading global logistics provider. Henk Gerards, Director Operations Benelux at GEODIS, stated, "We are very proud that Perfect Moment has selected GEODIS as its trusted partner in logistics. Our tailored solutions are designed to ensure robust and efficient control over all logistics processes, especially during peak seasons" [1].
The opening of the new warehouse represents a key element of Perfect Moment’s broader operational turnaround and commitment to achieving long-term financial sustainability [1][2]. While margin improvement will take time, the company expects these efforts to increase efficiency and streamline the supply chain, contributing to ongoing and sustainable increases in gross margins [1][2].
References:
[1] https://finance.yahoo.com/news/perfect-moment-opens-european-distribution-120000345.html
[2] https://www.marketscreener.com/quote/stock/PERFECT-MOMENT-LTD-164769188/news/Perfect-Moment-Ltd-Opens-New-European-Distribution-Hub-in-the-Netherlands-as-Part-of-Global-Logisti-50448049/
[3] https://www.stocktitan.net/news/PMNT/perfect-moment-opens-new-european-distribution-hub-in-the-74t4w0kewzte.html
Perfect Moment Ltd, a high-performance luxury skiwear and lifestyle brand, has opened a new European warehouse and distribution hub in the Netherlands. The new facility replaces former warehouses in the UK and Hong Kong, streamlining operations, reducing costs, and enhancing the customer experience. The transformation is expected to improve efficiency, scalability, and customer satisfaction.
Perfect Moment Ltd. (NYSE American: PMNT), a leading luxury skiwear and lifestyle brand, has successfully opened a new European warehouse and distribution hub in the Netherlands. This strategic move marks a significant milestone in the company's global logistics transformation, aiming to streamline operations, reduce costs, and enhance the customer experience [1].The new facility in the Netherlands will replace Perfect Moment's former warehouses in the UK and Hong Kong, which are due to close as part of a broader restructuring initiative. This initiative is designed to reduce the number of logistics touchpoints from approximately 11 steps to just five, significantly accelerating delivery times and improving overall efficiency [1][2][3].
Historically, logistics costs have represented a higher percentage of Perfect Moment's revenues than the company was satisfied with. Under the new model, the company is working diligently to achieve a meaningful reduction in these costs. The new distribution hub is expected to contribute to ongoing and sustainable increases in gross margins [1][2].
Max Gottschalk, Chairman of Perfect Moment, noted, "This marks a critical step forward in Perfect Moment’s journey. The new distribution facility is a cornerstone of our broader operational transformation, enabling us to streamline our supply chain, accelerate delivery timelines, and significantly reduce complexity" [1].
Under the leadership of COO and CFO Chath Weerasinghe, Perfect Moment has already delivered early wins, including shipping its first deliveries of Fall/Winter 2025 product two months ahead of last year’s timeline [1][2]. These improvements position the company with greater operational strength and agility, especially during the important fall and winter seasons when demand for their brand is at its highest [1][2].
The Netherlands-based hub is operated in partnership with GEODIS, a leading global logistics provider. Henk Gerards, Director Operations Benelux at GEODIS, stated, "We are very proud that Perfect Moment has selected GEODIS as its trusted partner in logistics. Our tailored solutions are designed to ensure robust and efficient control over all logistics processes, especially during peak seasons" [1].
The opening of the new warehouse represents a key element of Perfect Moment’s broader operational turnaround and commitment to achieving long-term financial sustainability [1][2]. While margin improvement will take time, the company expects these efforts to increase efficiency and streamline the supply chain, contributing to ongoing and sustainable increases in gross margins [1][2].
References:
[1] https://finance.yahoo.com/news/perfect-moment-opens-european-distribution-120000345.html
[2] https://www.marketscreener.com/quote/stock/PERFECT-MOMENT-LTD-164769188/news/Perfect-Moment-Ltd-Opens-New-European-Distribution-Hub-in-the-Netherlands-as-Part-of-Global-Logisti-50448049/
[3] https://www.stocktitan.net/news/PMNT/perfect-moment-opens-new-european-distribution-hub-in-the-74t4w0kewzte.html
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