Ali Hall & Julie Lavington, Co-CEOs & Co-Founders, and Steve Dilks, CEO, present Sosandar's interim results & trading update for the six months ending 30th September 2022.
Continued revenue growth of +72%, delivering the Company's second six-month period of positive PBT. Momentum has continued into the second half of the financial year with record sales months in October and November, trading in line with market expectations for the full financial year.
Ali Hall, Co-CEO & Co-Founder
Julie Lavington, Co-CEO & Co-Founder
00:45 Highlights of the period
01:18 Financial highlights
03:17 Overheads
Julie Lavington, Co-CEO & Co-Founder
06:43 Customer acquisitions
07:48 Income statement
Ali Hall, Co-CEO & Co-Founder
Julie Lavington, Co-CEO & Co-Founder
11:07 Factors driving growth
Ali Hall, Co-CEO & Co-Founder
Julie Lavington, Co-CEO & Co-Founder
11:59 UK addressable market
Ali Hall, Co-CEO & Co-Founder
12:17 Product range
13:04 All categories in growth
Julie Lavington, Co-CEO & Co-Founder
Ali Hall, Co-CEO & Co-Founder
15:34 Growth through own site & third parties
16:15 Operationl bandwidth for growth
Julie Lavington, Co-CEO & Co-Founder
Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed in-house.
Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has brand partnerships in place with Next, John Lewis, Marks & Spencer, The Very Group and N Brown.
Sosandar's strategy is to continue growing brand awareness and expand its customer database, whilst also further driving its high levels of customer retention. This is achieved through its exceptional products, seamless customer experience and impactful, lifestyle marketing activities, all of which is underpinned by combining innovation with data analysis.
Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com