Sosandar (SOS)

Sector:

Retailers

Index:

FTSE AIM All-Share

 8.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 15.80
  • 52 Week Low: 8.00
  • Currency: UK Pounds
  • Shares Issued: 248.23m
  • Volume: 0
  • Market Cap: £21.72m
  • Beta: 0.19

Sosandar launches in Arnotts, opens own stores

By Josh White

Date: Thursday 19 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Women's brand Sosandar announced a fresh retail expansion on Thursday, including an in-store launch at Ireland's largest department store Arnotts, and the opening of its first two standalone stores in the UK.

The AIM-traded firm, which initially sold its collections online through Arnotts, said it would now be available in Arnotts' physical store in central Dublin.

That, the board said, would allow it to tap into its strong customer base in Ireland, where it had seen significant demand since its inception.

The brand's products would be showcased alongside names such as Longchamp, AllSaints, Jigsaw, and Barbour, providing customers the opportunity to experience Sosandar's offerings in person for the first time.

In addition to its presence in Ireland, Sosandar had also opened its first two standalone stores in the UK, located in Chelmsford and Marlow.

The Chelmsford store was chosen for its large population of nearly 200,000 people and its proximity to London.

Marlow was meanwhile described as an ideal location for the brand's first independent retail venture, being a riverside town with high footfall and appeal to Sosandar's target demographic.

The town attracts around 32,000 visitors daily, providing a significant opportunity for brand exposure and customer engagement.

"Arnotts is a well-established and upmarket department store in Dublin, well suited to Sosandar's high quality product range, and we're excited for the opportunity the partnership presents," said co-chief executive officers Ali Hall and Julie Lavington in a joint statement.

"Our products were well received online with Arnotts and we're delighted to now be able to offer our Irish customers a more personalised in-store shopping experience.

"The launch with Arnotts comes amidst the opening of our first two stores, in the vibrant and affluent towns of Chelmsford and Marlow.

"The reception since opening has been nothing short of fantastic and we are grateful to the people of Chelmsford and Marlow for giving us such a wonderfully warm welcome."

At 1030 BST, shares in Sosandar were down 2.05% at 9.55p.

Reporting by Josh White for Sharecast.com.

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Sosandar Market Data

Currency UK Pounds
Share Price 8.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 15.80
52 Week Low 8.00
Volume 0
Shares Issued 248.23m
Market Cap £21.72m
Beta 0.19

Sosandar Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.05% below the market average21.05% below the market average21.05% below the market average21.05% below the market average21.05% below the market average
12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average
Price Trend
73.73% below the market average73.73% below the market average73.73% below the market average73.73% below the market average73.73% below the market average
95.24% below the sector average95.24% below the sector average95.24% below the sector average95.24% below the sector average95.24% below the sector average
Income Not Available
Growth
33.59% above the market average33.59% above the market average33.59% above the market average33.59% above the market average33.59% above the market average
47.62% above the sector average47.62% above the sector average47.62% above the sector average47.62% above the sector average47.62% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sosandar Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Sosandar Key Personnel

CFO Stephen Dilks

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