Nairobi, Feb. 10 -- The High Court has ordered Turkish fashion retail chain store LC Waikiki Retail KE Limited to pay a logistics firm Sh15.5 million for costs incurred in preparation to provide logistics services in a deal that was later terminated.

In its ruling, the court determined that a legally binding contract existed between LC Waikiki and Bollore Transport & Logistics Kenya Limited despite the absence of a formal written agreement.

The judgment emphasised that the conduct of the two parties created enforceable contractual obligations, even though a final logistics services agreement was never signed.

Bollore had filed suit against LC Waikiki, claiming it spent over Sh15.5 million on warehouse space, equipment, IT systems and l...