Multichannel womenswear retailer Sosandar has reported that its revenues for Q3, to 31 December ’23, rose by 23 per cent year-on-year to reach £14.3 million. Gross margin had also slightly increased to 58.3 per cent against 56.8 per cent in the previous year.
As previously reported the business is planning to open its first standalone store this year as well as further growing its relationships with third-party partners in the UK and overseas.
The business said in a statement: “This performance and continued demand demonstrates the strength of the Sosandar brand and unique product range in the key trading period before Christmas. In the lead up to Christmas, the company saw extremely strong sales across all categories with party wear, dresses, tailoring, knitwear and smart trousers being the stand-out items.”
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