Sosandar narrows losses as sales rise during pandemic

Sosandar founders

Source: Sosandar

Sosandar has narrowed its half-year losses as it benefited from a spike in online sales during the coronavirus pandemic. 

The fashion etailer trimmed EBITDA losses to £1m during the six months ending September 30, compared with a £2.7m loss the prior year.

Gross profits increased 48% year on year to £1.5m as revenues surged 52% to £4.3m. 

The number of orders it received jumped 48% to almost 96,000.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.