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Adili updates christmas trading sales
21
Jan '08
Adili plc, the online ethical fashion retailer which was admitted to trading on AIM in December 2007, announces a trading update for the Christmas 2007 trading period.

Sales in the four weeks prior to the final shipping date for Christmas (21 December 2007) were up by 388 per cent. on those for the same period in 2006. 2,357 items (2006: 835) were shipped, arising from 1,050 orders (2006: 376), during the same period.

The Company also reports that strong trading has continued into the sale period, which commenced on 21 December 2007.

The Directors are greatly encouraged by the level of trading leading up to Christmas and the strong start to the Sale, which was in line with their expectations.

Adam Smith, Chief Executive, commented: “Given the increasing share of the retail market being taken by ethical consumerism together with the continued rapid growth of online retail sales, we remain confident and excited about the prospects for Adili.”

Adili was launched in September 2006 as an online shop for ethical fashion. The Company sources and offers fashionable and stylish clothes, accessories and other lifestyle products for women, men and children from a range of ethical brands.

Adili is the Swahili word for 'ethical and just'. As a company Adili believes that it is possible for fashion to be both stylish and made in an ethical and just way; in a way that gives rather thantakes from people and the planet; in a way that upholds the dignity of those along the supply chain.

Adili plc


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