Change of Trading Name
13 Août 2009 - 3:09PM
UK Regulatory
TIDMADIL
13 August 2009 AIM: ADIL
Adili plc
("Adili" or "the Company")
Change of trading name
The Company announces that on 17 August 2009 the trading name of Adili.com will
be changed to "Ascension" and the business will trade online at
www.ascensiononline.com. The change in brand name has been undertaken to
position the business as a mainstream fashion player and reflects the growing
proportion of sales made by the Company under the "Ascension" brand name.
Adam Smith, CEO, commented:
"We found that people struggled with the name Adili - in terms of pronunciation
and in associating the term with ethnic fashion. We are thrilled to announce
our re-brand to Ascension. We see this as a huge opportunity to position
ourselves as a serious fashion brand for the future."
Enquiries:
Adili plc T: 01258 837 437
Adam Smith, Chief Executive Officer
Mark Swire, Finance Director
John East & Partners Limited, a subsidiary T: 020 7628 2200
of Merchant Securities Plc
David Worlidge
Bidhi Bhoma
END
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