Sosandar returns to profit despite revenue drop

Sosandar lowers profit expectations amid softer trading

Sosandar has revealed it expects its full-year profits to be no less than £500k for the year ended 31 March 2025, up from the £0.3m loss it posted in FY24, but lower than its original expectation of £1m. The retailer posted revenues of £37.2m, down from £46.3m in the previous year, reflecting its continued transition away from price promotional activity. The company’s revenues in the first half of the year also fell to £16.2m, down from £22.2m, …

Sosandar shares fall despite return to profit – Northern Financial Review

Shares of Sosandar plc, the Wilmslow-based fashion firm run by former magazine publishers Ali Hall and Julie Lavington, fell as much as 16% after it published a trading update for its financial year ended March 31, 2025. Sosandar said profit before tax is expected to be not less than £500,000, compared to a loss of £300,000 in the prior year. The firm expects revenue of £37.2 million, down from £46.3 million, “reflecting the continued transition…

Sosandar at ‘inflection point’ despite softer trading - Retail Gazette

Sosandar has lowered its profit guidance for the year as it continues its shift away from promotional activity. The fashion retailer said its pre-tax profits were “softer than we had hoped” due to slower February sales and the business not chasing volume through price promotions. As a result, it has revised down its previous guidance of a pre-tax profit of £1m to be not less than £500,000. The retailer’s full-year sales also fell short of expect…

Sosandar returns to profit despite revenue drop

Drapers Sosandar returns to profit despite revenue drop Womenswear brand Sosandar said it expected a pre-tax profit of at least £500,000 for the year to 31 March, compared with a pre-tax loss of £300,000 in the previous year, although this was below market expectations.The post Sosandar returns to profit despite revenue drop appeared first on Drapers.