Last checked at 15 Dec 2023 07:00
Date: | 15 December 2023 |
On behalf of: | Sosandar plc ("Sosandar" or "the Company") |
Embargoed until: | 0700hrs |
Sosandar plc
Board Changes
Sosandar PLC (AIM: SOS), one of the fastest growing fashion brands in the UK creating quality, trend-led products for women of all ages, is pleased to announce the appointment of Nick Mustoe as Non-Executive Chairman. Nick has been Interim Non-Executive Chairman since 16 March 2023.
In addition, the Company announces that Jon Wragg, Independent Non-Executive Director, has notified the Board of his intention to step down from the Board in order to focus on other commitments, and, with the Company's agreement, has done so with immediate effect.
Nick Mustoe, Non-Executive Chairman, commented:
"I am delighted to be appointed as permanent Chair of Sosandar. 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.
On behalf of the Board, I would like to thank Jon for his contribution to the Company since he joined the Board, he has provided sound counsel and advice throughout. We wish Jon all the very best."
Enquiries
Sosandar plc | www.sosandar.com |
Julie Lavington / Ali Hall, Joint CEOs | c/o Alma |
Steve Dilks, CFO | |
Singer Capital Markets Peter Steel / Tom Salvesen / Alaina Wong
| +44 (0) 20 7496 3000
|
Alma (Financial PR) | +44 (0) 20 3405 0205 |
Sam Modlin / Matthew Young / Rebecca Sanders-Hewett | sosandar@almastrategic.com |
About Sosandar plc
Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed in-house.
Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has a number of brand partnerships including with Next, Marks & Spencer and J Sainsbury.
Sosandar's strategy is to continue growing brand awareness and expand its routes to market, reaching customers wherever they wish to shop. This is achieved both through direct to consumer channels and through third party partners. Sosandar offers an exceptional product range, seamless customer experience and impactful, lifestyle marketing, all of which is underpinned by combining innovation with data analysis.
Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com