Apparel retailer the Spiegel Group announced a joint venture agreement with the American unit of Hamburg, Germany-headquartered Hermes Service General Service to form a third-party logistics firm, dubbed Spiegel-Hermes General Service.

"This joint venture allows The Spiegel Group to leverage its core competencies and expertise, providing a comprehensive range of services to clients that are seeking a long-term solution to their logistics needs as well as other services," said Michael Moran, Spiegel's chairman of the office of the president.

The new organisation will provide distribution and fulfillment services, returns processing and liquidation services, call centre services and credit card services. As well as database management and marketing, e-channel management, catalogue development and production, and product sourcing.