UK-based women's fashion brand Sosandar PLC reported a 15 percent year-on-year revenue increase to £18.7 million (~$24.7 million), with sales on its own site up 28 percent, for the six months ended September 30, 2025 (H1 FY26). Gross margin remained stable at 62.2 percent, reflecting the company's continued focus on strategic margin improvement.
The retailer posted a pre-tax loss of £1.1m (~$1.45m), broadly in line with expectations, due to the seasonal weighting of second-half profits and the impact of the launch of its own store alongside an earlier M&S cyber incident.
Sosandar ended the period with £7.7m in net cash, up slightly from £7.3m on March 31.
The business continues to perform strongly with its external partners, especially Next, where it ranks as one of the best-selling brands. The company also launched a licensed homewares range with Next in September, which has seen strong initial performance in line with expectations.
Physical retail stores continue to weigh on profitability as they mature, although Chelmsford and Marlow are reported to be moving towards break-even in their second year, Sosandar said in a statement.
Recent trading in October and November has been in line with expectations, and the website has shown continued strong growth. Trading through M&S has resumed following its cyber disruption. Gross margin further improved to 67.2 percent in the current period, driven by higher consumer margins on new season ranges.
“We are really pleased with the performance of the business over the last six months. During this period, we managed to regain revenue growth, supported by strong momentum through our own website, which remains a key driver of both sales and customer engagement, along with a resilient gross margin.” Ali Hall and Julie Lavington, co-CEOs he commented.
Cash has strengthened to £9.5m as at 22 November following the seasonal rise, and the company has completed a capital reduction, buying back 5,000,000 shares held in treasury.
Sosandar said the full-year outlook remains on track, reiterating expectations for revenue of £43.6m and pre-tax profits of £0.4m for FY26.
“The Autumn/Winter season has delivered another strong business performance, and customers continue to respond positively to our unique collections for both special occasions and everyday wear. Looking ahead, the foundation has been laid for sustainable, profitable and cash-generating growth,” the co-CEOs said.
Fiber2Fashion News Desk (HU)
