Sosandar cuts losses as sales climb

Sosandar founders Ali Hall and Julie Lavington

Source: Sosandar

Online womenswear retailer Sosandar has reported a strong start to its new financial year following reduced losses and a rise in sales.

Sosandar’s sales advanced 35% to £12.2m last year, when EBITDA losses were reduced to £2.92m from £7.66m the previous year. In the first quarter of the new financial year, revenues rose 256% year-on-year.

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