Sosandar inks agreement with Metrocentre for third store
(Alliance News) - Sosandar PLC on Tuesday said that it has signed a lease agreement with Metrocentre for a new store in the Gateshead-based mall.
Read more(Alliance News) - Sosandar PLC on Tuesday said that it has signed a lease agreement with Metrocentre for a new store in the Gateshead-based mall.
Read more(Sharecast News) - Fashion retailer Sosandar said on Tuesday that it has signed a lease agreement for its third store in the North-East's Metrocentre, outside Newcastle in Gateshead.
Read moreSosandar PLC - Cheshire, England-based online women's fashion brand - Reports results for year ended March 31. Revenue up 9.0% to GBP46.3 million from GBP42.5 million the year prior. Swings to pretax loss, however, of GBP332,000 compared to profit of GBP1.6 million a year prior. Administrative costs increase to GBP27.0 million from GBP22.2 million. On more recent trading, encouraged by gross margin growth of 670 basis points to 63.4% in first quarter of financial 2025, compared to 56.7% a year prior. Has also implemented during first-quarter an 80% reduction in online price promotional activity compared to last year. Says will continue to prioritise margin enhancement and expects enhanced brand presence and sales mix through online business to deliver revenue growth moving forward.
Read more(Sharecast News) - Clothing brand Sosandar said on Tuesday that it had delivered a "robust" FY24 performance, with a continued focus on margins, profitability and cash generation.
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(Alliance News) - Sosandar PLC on Tuesday said it expects to report a loss for the 2024 financial year, despite an improved second-half performance.
Read more(Sharecast News) - British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year.
Read more(Alliance News) - Sosandar PLC on Wednesday announced third financial quarter revenue and gross margin growth, citing sound trading in the lead up to Christmas.
Read more(Sharecast News) - Women's fashion retailer Sosandar hailed a record quarter over the festive period on Wednesday, amid a strong performance across all channels.
Read moreSosandar PLC - Cheshire, England-based online women's fashion brand - Confirms Nick Mustoe as permanent non-executive chair, having been interim non-executive chair since March after the death of predecessor Bill Murray in February. Mustoe was previously a non-executive director. Mustoe says: "We are at a very exciting moment in our growth journey as we take Sosandar's unique product to more people across the globe through multiple channels."
Read more(Sharecast News) - Women's clothing retailer Sosandar has made Nick Mustoe's appointment to the role of non-executive chairman permanent.
Read moreSosandar PLC - Cheshire, England-based online women's fashion brand - Says revenue rises 5.7% to GBP22.2 million in the half year ended September 30 from GBP21.0 million a year ago. Swings to pretax loss of GBP1.3 million from a GBP77,000 profit the year before, driven by a 21% increase in administrative expenses of GBP13.3 million from GBP11.0 million a year prior. Looking ahead, expects to open its first UK stores in spring.
Read more(Sharecast News) - Online fashion retailer Sosandar reiterated its full-year outlook on Tuesday, despite sliding to a half-year loss.
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(Sharecast News) - Shares in Sosandar tumbled on Wednesday after the online fashion retailer unveiled ambitious expansion plans, including opening bricks and mortar stores for the first time.
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