Flash note: Preferred bidder for Network Rail concourses
SpaceandPeople has been awarded preferred bidder status for brand events, promotions and retail for Network Rail. This is a very prestigious contract that, if awarded, would run for five years and substantially boost the group’s portfolio. There would inevitably be front-end costs associated with setting up the operation, but it gives the group a real step up in accessing above-the-line marketing budgets of major brands. Receiving preferred bidder status in such a high-profile contract is a clear endorsement of the group’s strategy and the effectiveness of events and promotions staged at other heavy footfall locations.SpaceandPeople is engaged in the marketing and selling of promotional and retail licensing space on behalf of shopping centres and other venues throughout the U.K. and Germany and also in India. Co.'s segments include promotional sales and retail, and other. Through its subsidiaries, Co. is involved in licensing of intellectual property, media, and leasing of retail merchandising units.
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