Sosandar achieves profit for first time as partnerships drive sales growth
Sosandar has achieved its first-ever year of profitability, crediting its “robust trading performance” to the success of its third-party partnerships with John Lewis, Marks & Spencer, Next and Sainsbury’s.
The online fashion retailer posted profit before tax of at least £1.6m for the full year to March 31, 2023, up from a loss of £600,000 the previous year.
Sosandar reported a 44% increase in revenue year on year to £42.5m, up from £29.5m.
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