Opens new e-commerce facility

RNS Number : 9950A

Science in Sport PLC

04 June 2019

 

RNS REACH

4 June 2019

SCIENCE IN SPORT PLC

("SiS", "Company" or "Group")

Opens new e-commerce facility  

Science in Sport plc (AIM: SIS), the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, announces that it has opened a new e-commerce fulfilment facility in Nelson, Lancashire, to drive the online sales of its PhD and SiS brands.

The e-commerce facility, a leasehold property adjacent to the Company's existing manufacturing and packaging site in Nelson, commenced despatching orders on 1 June from the PhD website, phd.com. The 16,000 sq ft facility benefits from a highly efficient and streamlined layout with an integrated inventory management system.

Science in Sport acquired the PhD brand in December 2018 and relaunched its website, based on the Magento 2 e-commerce platform, earlier this year. Key metrics from the website, including customer engagement, are in line with Company expectations.

The website and new e-commerce facility are part of the strategy to drive PhD's own online sales, replicating the successful direct sales of the SiS brand.

Stephen Moon, Science in Sport's Chief Executive Officer, said:

"Our objective is to grow PhD's own online sales aggressively in the same way that we have grown sales from the SiS website, which were up 40% last year. The opening of the new e-commerce facility, which follows the relaunch of the PhD website, will provide the operational capability to deliver PhD's online growth whilst also delivering efficiencies through the integration of PhD's and SiS's online fulfilment.

"This new e-commerce facility represents another important milestone in bringing together the PhD and SiS businesses and confirms that the overall integration plan remains firmly on track."

For further information:

Science in Sport plc Stephen Moon, Chief Executive Officer Elizabeth Lake, Chief Financial Officer	[phone]
Liberum Capital Ltd Nominated adviser and broker Clayton Bush Chris Clarke James Greenwood	[phone]
Buchanan Communications Financial PR Mark Court Vicky Hayns Tilly Abraham	[phone] [e-mail]

Notes to Editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition business that develops, manufactures and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts and the gym lifestyle community. The Company has two highly regarded brands: PhD Nutrition, a premium protein brand targeting gym lifestyle and sports enthusiasts, and SiS, a leading brand among elite athletes and professional sports teams.

The two brands are sold internationally through multiple retail channels, both traditionally and online, including major supermarkets and high street chains, specialist sports retailers and e-commerce sites including Amazon and the brands' own websites.  They enable the Company to address the full breadth of the performance nutrition market currently estimated at approximately £10 billion worldwide.

PhD is one of the UK's leading protein brands with a reputation for high quality and product innovation. The brand has grown rapidly, based on its core protein powders, since launch in 2005. The range now comprises powders, bars, flapjacks, drinks and other products including the high protein, low sugar range, PhD Smart. PhD is the exclusive sports nutrition supplier to David Lloyd Clubs and its brand ambassadors include rapper Bugzy Malone, WBA international champion Jordan Gill and Team GB Olympic sprinter Asha Philip.

SiS, founded in 1992, has a core range comprising gels, powders and bars focused on energy, hydration and endurance. SiS is the official sports nutrition supplier to many professional cycling teams and organisations including Team INEOS, British Cycling, Cycling Australia, USA Cycling and USA Triathlon. SiS supplies more than 80 professional football clubs in the UK and is an official partner to British Triathlon and the Rock 'n' Roll Marathon Series. SiS brand ambassadors include Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Adam Peaty MBE.

Science in Sport is headquartered in London. Its shares joined the AIM market of the London Stock Exchange in August 2013 and trade under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

 

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