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The Idle Man signs CollectPlus deal

Menswear etailer The Idle Man has launched a new collection and returns service through a tie-up with CollectPlus.

The partnership allows shoppers to collect and return online orders at around 5,800 local convenience stores, newsagents and petrol stations across the UK.

The service costs £3.95 and orders often arrive 24 hours after they have been processed and shipped.

The Idle Man was launched by former head of menswear Oliver Tezcan in 2014 with £350,000 backing from the regional growth fund.

In July this year Tezcan appeared on BBC Two’s Dragons’ Den, but failed to land the £200,000 investment sought for 5.5% of the business.

However, following the appearance the etailer secured £510,000 from investors Foresight Nottingham and angel investors, £258,000 through crowdfunding site Crowdcube and £500,000 from the Nottinghamshire Pension Fund.

CollectPlus, a joint venture between retail payment network PayPoint and parcel carrier Yodel, is used by around 300 high street and online retailers including John Lewis, House of Fraser and New Look. The business estimates it handles in excess of 300,000 parcels per week.

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