Sosandar returns to growth as profits and margins improve


Sosandar returns to growth as profits and margins improve

Womenswear retailer Sosandar has reported a strong set of full-year results, with revenue, profitability and margins all moving higher as its strategy of focusing on full-price sales and multi-channel growth continues to pay off.

Revenue increased 14 per cent to £42.3 million in the year to 31 March 2026, while gross margin improved to 64 per cent from 62.1 per cent a year earlier. Adjusted profit before tax doubled to £0.4 million, with the underlying business generating £1.3 million before the impact of its growing store estate.

The retailer’s own website remained the standout performer, with sales climbing 24 per cent thanks to increased traffic, higher conversion rates and stronger order volumes from both new and existing customers. Sosandar also continued to perform strongly across third-party partners, including NEXT, while trading with Marks & Spencer recovered following last year’s cyber disruption.

Although physical stores continue to weigh on profitability as they mature, trading improved across the estate and the company has exited its loss-making Bath location by assigning the lease to another retailer.

Sosandar ended the year with £8.4 million in net cash, despite returning £1.8 million to shareholders through share buybacks, and has continued to generate cash in the first quarter of the new financial year.

Trading has started positively, with first-quarter revenue up 22 per cent to £11.6 million and gross margin improving further to 65.2 per cent. Management said performance remains in line with market expectations and expressed confidence in the brand’s long-term growth prospects.

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