Retailers have filed lawsuits for 325 million rubles to the IML courier service

Cosmetic brand “L’Oxitan”, “Monex Trading” (brands Mothercare, Next, The Body Shop, MAC, Victoria’s Secret, etc.), “Double Trend” (one of the brands of Jeans Symphony), as well as a number of home appliance stores, Electronics and various counterparties from May 12 to June 22 filed 24 lawsuits against the IML courier service totaling more than 325 million rubles, according to the database of arbitration cases. Almost all claims relate to the recovery of debts under agency contracts and for the supply of products (eg packaging for items) and fines, cases of illicit enrichment, non-performance of obligations under contracts, etc. The company overdue payment for packaging for postal items. -or either constructive proposals from IML representatives in the correspondence did not follow and therefore the counterparty decided to file a lawsuit, explained to “Vedomosti” Mikhail Perenesenko, Deputy General Director of “TradeDelivery”, one of the plaintiff companies. Another company, Tupperware, a well-known tableware manufacturer, said it was not working with IML at the moment. Other plaintiffs, as well as a representative of IML, did not respond to Vedomosti’s request.

Almost all claims relate to the recovery of debts under agency contracts and for the supply of products (eg packaging for items) and fines, cases of illicit enrichment, non-performance of obligations under contracts, etc. The company overdue payment for packaging for postal items. -or either constructive proposals from IML representatives in the correspondence did not follow and therefore the counterparty decided to file a lawsuit, explained to “Vedomosti” Mikhail Perenesenko, Deputy General Director of “TradeDelivery”, one of the plaintiff companies. Another company, Tupperware, a well-known tableware manufacturer, said it was not working with IML at the moment. Other plaintiffs, as well as a representative of IML, did not respond to Vedomosti’s request.

IML (formerly IM Logistics) was founded by Ivan Matveev in 2007 to provide delivery services for e-commerce. Matveev sold the company in 2014 due to its debts, the buyer of the service was an unnamed investment fund, which was represented in the deal by RFI Bank. Currently, according to SPARK-Interfax, the parent company is Bornholm PTY Ltd, registered in South Africa (previously offshore: Cyprus, Gibraltar, etc.). IML is known for being the first to offer 24-hour delivery between Moscow and St. Petersburg. According to interviews with top managers in the media, by 2020 it had its own courier network in more than 60 regions of Russia, more than 1,000 partner ordering points and more than 1 million shipments per month. According to the company’s website (not updated since 2020), its own highways cover 100% of the population of Russia and Kazakhstan, and the company is also present in the Belarusian market. From 2017 to 2020 inclusive, the company was profitable, but from 2019 its revenue began to fall – from 1.5 billion rubles. in 2019 to 1.4 billion in 2020 and to 999 million in 2021. Net profit decreased from 21.8 million rubles. in 2019 to 7.9 million in 2020, and last year IML recorded a net loss of 198 million rubles. Net assets amounted to 229 million rubles.

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