ADIL Adili

 

TIDMADIL 
 
RNS Number : 0244Z 
Adili PLC 
15 September 2009 
 
AIM: ADIL 15 September 2009 
 
 
Adili plc 
("Adili" or "the Company") 
 
 
Store openings 
 
 
Adili plc announces the planned opening of two retail stores in late October 
under the Ascension fascia, one in St Christopher's Place, London W1, as a brand 
'flagship', and one in Dorchester, Dorset, substantially as a clearance store. 
 
Adam Smith, CEO, commented: 
 
"The opening of these stores position Ascension strongly in the fashion sector 
and are important assets to our brand, as well as being a significant source of 
sales growth and contribution to profit in their own right. 
 
"Whilst this development represents a shift in our channel strategy to a 
multi-channel fashion retailer, the focus on direct sales with the attendant 
operational gearing benefits to the company remains paramount. 
 
"I look forward to seeing the significant progress in our own label offer being 
'showcased' in our stores as well as on our website." 
 
 
 
Enquiries: 
 
+----------------------------+--------------------------+------------------+ 
| Adili plc                  | Adam Smith, Chief        | T: 01258 837 437 | 
|                            | Executive Officer        |                  | 
|                            | Mark Swire, Finance      |                  | 
|                            | Director                 |                  | 
+----------------------------+--------------------------+------------------+ 
|                            |                          |                  | 
+----------------------------+--------------------------+------------------+ 
| Seymour Pierce             | Nicola Marrin            | T: 020 7107 8000 | 
|                            | Catherine Leftley        |                  | 
+----------------------------+--------------------------+------------------+ 
|                            |                          |                  | 
+----------------------------+--------------------------+------------------+ 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCCKQKNQBKDACD 
 

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