Sosandar news and archive

Sosandar revenues jump 219 percent

Online women’s fashion brand Sosandar Plc, for the three months ended December 2018 reported revenue of 1.6 million pounds, a 219 percent increase on the same period in 2017 and higher than the company's revenue for the entire prior financial year, driven by a surge in repeat orders and continued new customer acquisition. As a result of the...

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Sosandar H1 revenues jump 407 percent

For the six months to September 30, 2018, revenues at Sosandar Plc climbed by 407 percent to 1.84 million pounds (2.36 million dollars), with strong sales seen throughout the spring, summer and early autumn months. The company said, this growth was driven by the continued success of customer acquisition activities across multiple channels,...

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Sosandar H1 revenues jump 407 percent

For the first half year ending September 30, 2018, Sosandar Plc said that it expects to report revenue of 1.84 million pounds (2.42 million dollars), a 407 percent increase against the same period in the prior year. The company also separately announced that it has raised 3 million pounds (3.9million dollars) through a placing arranged by Shore...

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Fashion startup Sosandar almost quadruples revenue in 2018

Sosandar’s stock traded upwards Thursday as the fashion startup reported its revenue almost quadrupled in the fiscal year 2018 to reach 1.35 million pounds. Revenue growth was fueled by 268 percent year-on-year like-for-like sales jump. Gross profit was also up, advancing 532 percent to 660,000 pounds. On the downside, underlying earnings fell...

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Sosandar appoints Andrew Booth non-executive director

Sosandar Plc has announced the appointment of Andrew Booth as Non-executive Director of the company with immediate effect. Commenting the appointment, Ali Hall and Julie Lavington, Joint CEOs of the company, said in a statement: "We are delighted to welcome Andrew to the board of Sosandar PLC. Andrew comes with a wealth of experience in...

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Sosandar expects to report growth revenue growth

Online women’s fashion brand Sosandar PLC expects full year revenue for the year to March 31, 2018 to be around 1.34 million pounds (1.81 million dollars), with like for like sales for the six months to March 2018 showing a 268 percent increase against the prior year. Gross margin for the year is expected to be at 49.3 percent against 37.8...