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PRIVACY
Retail & Consumer

Sosandar's revenue surges 122% as it heads towards the black

Sosandar's products are also sold through third parties such as M&S, Next and John Lewis

A model wears Wilmslow-based fashion brand Sosandar

Revenue surged by 122% at women's fashion brand Sosandar during the last three months of 2021 compared to the same period in 2020, new figures have revealed.

The Wilmslow-headquartered business has posted a revenue of £8.85m for the period to December 31, 2021, up from £3.98m.

In a statement to the London Stock Exchange, the company added that its first EBITDA-positive quarter demonstrates its "trajectory towards annual profitability".

READ MORE: B&M raises earnings forecast after 'very strong' lead up to Christmas

Sosandar also confirmed "record trading" with third parties M&S, Next and John Lewis "following significant investment in stock depth and breadth".

In a joint statement, co-founders and co-CEOs Ali Hall and Julie Lavington said: "We are delighted to report a record quarter for Sosandar, with each month being EBITDA positive.

"Our expanded product range and effective communication with our customers, in line with our strategy, has been a key driver of the growth we have delivered.