×
1 105
Fashion Jobs
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
ESTÉE LAUDER
la Mer - Business Manager - Bentalls, Kingston - 22.5 Hours / 4 Days - Part Time, Permanent
Permanent · Kingston upon Thames
SHISEIDO
Ecommerce Manager - Nars, Shiseido & Drunk Elephant
Permanent · London
VANS
Account Coordinator - Dutch Speaking - Vans
Permanent · NOTTINGHAM
ESTÉE LAUDER
The Estée Lauder Companies - CRM And Loyalty Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Bluewater - 25.5 Hours - Part Time, Permanent
Permanent · Dartford
ESTÉE LAUDER
Clinique - Consultant - Boots - Metro, Gateshead - 21 Hours - Part Time, Permanent
Permanent · Gateshead
ESTÉE LAUDER
Director, Global Social Marketing
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - John Lewis, Milton Keynes - 37.5 Hours, Days - Full Time, Permanent
Permanent · Milton Keynes
SHISEIDO
Nars Account Manager, Fenwick Bond Street (37.5 Hours)
Permanent · London
LIBERTY LTD
Sales Manager
Permanent · LONDON
LIBERTY LTD
Retail Security Officer
Permanent · LONDON
VF INTERNATIONAL
Inbound Logistics Analyst - 12 Month Ftc
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Trainer
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTÉE LAUDER
Clinique - Consultant - Boots, White City London - 35 Hours - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
la Mer - Business Manager - Harvey Nichols, Birmingham - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Birmingham
ESTÉE LAUDER
Regulatory Scientist - Global Ingredients Compliance
Permanent · Petersfield
Published
Jan 13, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Strong Christmas helps Sosandar maintain record sales

Published
Jan 13, 2021

​A 6% rise in quarterly sales might seem a modest return these days for a pureplay online business. But womenswear retailer Sosandar was far from modest about its performance Wednesday.


Sosandar



“We’re extremely pleased to report another period of record performance”, co-CEOs Ali Hall and Julie Lavington said, as the pair highlighted the result was achieved despite a “significantly reduced marketing spend and extremely strong comparatives achieved in the prior year”.

Sosandar put the gains down to investments made expanding its product range last year to include more loungewear, knitwear, denim and outerwear, which had been “pivotal to the trading performance, with new ranges resonating well with customers”.

So how did the three months trading period to 31 December go? Revenue rose to £3.98 million from £3.8 million a year ago and came in spite of the £1.61 million (66%) reduction in marketing spend.

Meanwhile, the EBITDA loss was also cut by 60% on a year ago and the company said it now holds net cash of £3.9 million as at 31 December, “reflecting the strong trading performance and continued careful cost management”.

It said December revenue was “significantly better than anticipated given [the] pivot to minimal marketing spend during the month”. There were also strong sales through John Lewis and Next, with December seeing the firm's highest monthly sales to date.

There were also continued improvement in returns, cut to 46% from 49% a year ago, reflecting its change in product mix.

Meanwhile, the retailer said its new year began with the launch of a new capsule range of activewear, which “is showing promising early results”, while spring designs have been planned with Covid-19 restrictions in mind, it noted.

January trading has already started well, and knitwear, loungewear, outerwear and denim all continue to perform very strongly", it added.

It also said that as it operates a ”diversified and flexible supply base", the business  doesn't expect to see "any significant impact from Brexit on its ability to service its customers”.

Copyright © 2022 FashionNetwork.com All rights reserved.