UK-based Sosandar lifts revenue 15%, FY26 profit outlook on track
UK-based womenswear fashion brand Sosandar PLC has reported a revenue rise of 15 per cent year on year to £18.7 million (~$24.7 million), with own site sales jumping 28 per cent, for the six months ended September 30, 2025 (H1 FY26). Gross margin held steady at 62.2 per cent, reflecting the company’s continued focus on strategic margin improvement.
The retailer posted a loss before tax of £1.1 million (~$1.45 million), broadly in line with expectations, due to seasonal second-half profit weighting and the impact of its own store roll-out alongside an earlier M&S cyber incident.
Sosandar ended the period with £7.7 million in net cash, slightly higher compared with £7.3 million on March 31.
The business continues to perform strongly with its third-party partners, especially Next, where it ranks as a top-selling brand. The company also launched a licensed homeware range with Next in September, which has delivered a strong initial performance in line with expectations.
Physical retail stores continue to weigh on profitability while they mature, although Chelmsford and Marlow are reported to be progressing toward breakeven in their second year, Sosandar said in a release.
Recent trading in October and November has been in line with expectations, with the website delivering continued strong growth. Trading through M&S has resumed following its cyber disruption. Gross margin improved further to 67.2 per cent in the ongoing period, driven by higher intake margins on new season ranges.
“We are really pleased with how the business has performed over the past six months. During this period, we delivered a return to revenue growth, supported by strong momentum through our own website which remains a key driver of both sales and customer engagement, alongside a resilient gross margin,” Ali Hall and Julie Lavington, co-CEOs commented.
Cash has strengthened to £9.5 million as at November 22 following the seasonal uplift, and the firm has completed a capital reduction, buying back 5,000,000 shares held in treasury.
Sosandar said full-year outlook remains on track, reiterating revenue expectations of £43.6 million and profit before tax of £0.4 million for FY26.
“The Autumn/Winter season has delivered another robust trading performance, with customers continuing to respond positively to our unique collections across both occasion and everyday dressing. Looking forward, the foundations have been laid for sustainable, profitable, cash generative growth,” the co-CEOs said.
Fibre2Fashion News Desk (HU)