Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
magazineSosandar is a rare retail success story in 2018 with soaring shares
There remain bright spots in the retail sector. Shares in online women’s fashion brand Sosandar (SOS:AIM) have more than tripled this year from 11.2p in April to 34.5p, as investors were wowed by the stellar growth rates flagged at the half year (29 Mar) and full year results (11 Jul).
Guided by joint CEOs Julie Lavington and Ali Hall, who previously ran fashion magazine Look, the Sosandar brand targets an underserved generation of women who have graduated from throwaway fashion and are ‘looking for quality, affordable clothing with a premium, trend-led aesthetic’. (JC)
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
