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Share Price Information for Sosandar (SOS)

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Share Price: 11.25
Bid: 11.00
Ask: 11.50
Change: -0.25 (-2.17%)
Spread: 0.50 (4.545%)
Open: 11.50
High: 11.50
Low: 11.25
Prev. Close: 11.50
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Sosandar in style as online sales soar

Wed, 10th Oct 2018 08:25

(Sharecast News) - Sosandar told investors on Tuesday that first-half revenues had rocketed fivefold year-on-year thanks to a significant boost in customers throughout the period.The AIM-listed online retailer, which was launched by two former fashion magazine executives to provide "what women want", saw revenues soar to £1.8m as customers increased 362% through the half.Sosandar its gross margin for the six months ended 30 September to jump from 46% to 55%.Order numbers came in at 43,979, significantly ahead of the 8,049 seen during the same period a year earlier, while average order value increased to £105.42.The firm also said strong sales seen throughout the summer and early autumn had led to record monthly revenues in September.Ali Hall and Julie Lavington, Sosandar's joint chief executives and former Look magazine editor publishing director respectively, said: "The business has made substantial progress over the first six months of the year, and we are delighted to have delivered such strong growth in revenues, orders and new customers.""At the same time, we have been able to make key operational progress that will further enhance the customer experience and have increased the efficiency of our marketing spend. Momentum has continued into the important autumn period and we look forward to the rest of the year confidently."Elsewhere, Sosandar revealed it had raised £3m via a placing of 9.37m new ordinary shares at a price of 32p each.Sosandar undertook the placing in order to "further drive the company's development", with net proceeds to be used to support it's ongoing growth plans and the execution of its stated strategy.As of 0820 BST, Sosandar shares had shot up 7.14% to 39p.
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4 Jul 2023 12:42

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12 Apr 2023 10:37

Sosandar predicts maiden annual profit despite investment drive

(Alliance News) - Sosandar PLC on Wednesday said it expects a rise in annual revenue and its first-ever profit, though its bottom-line will fall short of market expectations amid investment plans.

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12 Apr 2023 08:24

Sosandar swings to first ever FY profit

(Sharecast News) - Fashion retailer Sosandar said on Wednesday that it expects to swing to a full-year profit for the first time as it reported a surge in revenues.

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16 Mar 2023 18:33

TRADING UPDATES: Sosandar names Nick Mustoe as new chair

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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17 Feb 2023 11:06

IN BRIEF: Sosandar closes GBP500,000 retail offer via bookbuild

Sosandar PLC - Cheshire, England-based women's clothing retailer - Closes its previously announced retail offer via bookbuild, which was significantly oversubscribed. Last week, Sosandar announced the offer to raise up to GBP500,000 through the issue of 2.3 million new shares in the company at 22 pence each.

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8 Feb 2023 14:27

UPDATE: Sosandar raises GBP5.4 million via placing of shares

(Alliance News) - Sosandar PLC on Wednesday said it raised GBP5.4 million via the placing of new shares.

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8 Feb 2023 11:04

AIM WINNERS & LOSERS: Deltic Energy jumps on Pensacola gas discovery

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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8 Feb 2023 10:30

Sosandar proposes shares placing to raise a minimum GBP4 million

(Alliance News) - Sosandar PLC on Wednesday said it proposes a placing of new shares to raise a minimum GBP4 million, as well as a GBP500,000 retail offers to allow existing UK shareholders a chance to participate.

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8 Feb 2023 08:29

Sosandar to raise £4.5m to accelerate omni-channel strategy

(Sharecast News) - Women's online fashion brand Sosandar said on Wednesday that it plans to raise £4.5m in a placing to accelerate the execution of its omni-channel strategy through further investment in stock.

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8 Feb 2023 07:55

LONDON BRIEFING: Barratt posts growth but reservations down in January

(Alliance News) - Stocks in London were called to open higher on Wednesday, as investors take their cue from a rally on Wall Street.

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6 Feb 2023 09:34

IN BRIEF: Sosandar announces death of non-executive chair

Sosandar PLC - Wilmslow, Cheshire, England-based women's clothing retailer - Announces Non-Executive Chair Bill Murray has passed away. "It is with great sadness that we learned of the passing of Bill over the weekend. He will be deeply missed by all who had the privilege of working with him. Bill has left a lasting legacy to the business and his dedication and commitment to the success and growth of Sosandar will be deeply missed. Our thoughts and condolences to Bill's family and loved ones during this terribly difficult and sad time," say Co-Chief Executive Officers Ali Hall and Julie Lavington. Says it will provide a further update in due course.

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23 Jan 2023 10:12

Sosandar goes bricks-and-mortar in deal for sales in Sainsbury stores

(Alliance News) - Sosandar PLC on Monday said it will start selling a collection of its products via the supermarkets of J Sainsbury PLC.

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23 Jan 2023 09:09

LONDON MARKET OPEN: Stocks open higher; hawkish ECB boosts euro

(Alliance News) - Stock prices in London opened higher on Monday, as investors were hopeful that cooling US inflation and weakening economic data will slow the pace of interest rate hikes by the Federal Reserve.

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23 Jan 2023 07:52

LONDON BRIEFING: Balfour Beatty wins GBP1 billion tunnel contract

(Alliance News) - The FTSE 100 index in London was set to open flat on Monday, failing to benefit from Wall Street's rally on Friday.

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10 Jan 2023 15:17

IN BRIEF: Sosandar boasts record quarterly revenue and strong trading

Sosandar PLC - Wilmslow, England-based women's clothing retailer - Reports a "record" third quarter, noting that "strong" momentum has continued from the first half of its financial year. In the three months ended December 31, revenue totals GBP11.6 million, up 30% year-on-year with growth across all sales channels. Notes this is the fifth consecutive quarter of profitability for the firm. Average order value in the quarter is GBP106.37, up 11% from GBP95.69 a year prior.

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