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PRIVACY
Retail & Consumer

Fashion brand Sosandar eyes return to profit following 'pivotal achievement'

The company's half-year revenue rise was previously revealed in September

A model wears Wilmslow-based fashion brand Sosandar

Women's fashion brand Sosandar's revenue jumped by 120% over the last two months compared to the same period in 2020, the listed company has revealed.

The Wilmslow-headquartered business added that its EBITDA was positive in both October and November 2021, "demonstrating the group's trajectory towards annual profitability".

The latest figures have been included in the firm's half-year results which show it reported a pre-tax loss of £1m for the six months to the end of September, compared to a loss of £1.1m during the same period in 2020.

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Sosandar's revenue increase from £4.2m to £12.1m has previously been confirmed by the company in September.

The firm added that its current trading is ahead of market expectations for the full year.

In a joint statement, co-chief executives Ali Hall and Julie Lavington said: "We are delighted to be reporting such strong revenue and active customer growth as well as reaching a significant milestone in delivering two EBITDA positive months in October and November.