Sosandar looking sharp as revenues surge 53%; plans increased marketing spend to boost customer traffic
The higher marketing spend was predicted to “significantly enhance future growth"
Company
LON:SOS
Sosandar is the brainchild of former Look magazine editor Ali Hall and former Look and InStyle publishing director Julie Lavington. The award-winning duo have created a new online womenswear destination that fuses a fashion-forward clothing line with style inspiration, news and advice. With more than 40 years of combined fashion media insight, Hall and Lavington have spent their careers speaking to thousands of women about what they want from their clothes, and Sosandar will satisfy those needs. Both women live and breathe Sosandar, resulting in a brand that delivers instantly wearable pieces that truly reflect the seasons and make women feel chic and feminine.
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The higher marketing spend was predicted to “significantly enhance future growth"
Investments and investor services
A look at the day's major movers, including GCM, Alexander Mining, Jubilee Metals, McBride, Sosandar and Tekcapital
The AIM-listed group said it expected full-year revenues for the previous financial year to be no less than £1.34mln as LFL sales for the 6 months ending 31 March 2018 rose 268%
Sosandar was set up just a year ago by Ali Hall and Julie Lavington, who previously launched fashion magazine Look
Shares in the Cheshire-based business jumped almost 30% in decent trading volume