Disposal
18 March 2008 - 2:09AM
UK Regulatory
RNS Number:2799Q
Stylo PLC
17 March 2008
Stylo plc announces that it reached agreement on 17 March 2008 to sell its brand
name 'Shellys' to Eternal Best Industries Limited of Hong Kong.
The sale of assets includes the intellectual property associated with the brand
name.
Dr Michael Ziff Executive Chairman and CEO commenting on the sale said:
The sale of the Shellys brand is a further move by Stylo to concentrate on its
core retail business of Barratts, PriceLess and concessions in other retail
clothing stores.
Further enquiries:
Michael Ziff Telephone 01274 617761
This information is provided by RNS
The company news service from the London Stock Exchange
END
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