Sosandar achieved sales of £29.5 million for the year to 31st March 2022, up from the £12.2 million it posted for the prior year. It also saw its EBITDA improve from a £2.9m loss to £200,000.
The business had enjoyed growth from its own online activity as well as via third parties with which it extended its reach. It had invested in inventory to support third-party sales and had expanded its range.
Co-CEOs Ali Hall and Julie Lavington commented: “We continue to expand and diversify our supplier base to support our growth expectations whilst further mitigating risk. As we have done over the past two years, we will continue to use our agility and detailed planning to manage the business effectively, as we move forward on our journey to becoming one of the largest womenswear brands globally.”
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