Sosandar Share Discussion Threads

[raleigh43] 20/6/2023 07:33

I thought Nxt did not sell other brand in store.

[w13ken] 19/6/2023 22:29

Interesting, I hadn't heard that but I can see that it would be a good fit. I've been to the Oxford Street Next recently and their menswear range is particulalry strong this summer. I saw that they had Gap womenswear in store it what they call "shop-in-shop" after Gap closed all their UK stores in 2021. It would be excellent if they set up a similar in-store concession for Sosandar. The best and most distinctive of their clothes would sell very well.

[raleigh43] 19/6/2023 20:25

Julie said that NEXT were their best partner by a country mile.

[w13ken] 19/6/2023 13:52

Great news 👏 There's been a positive knock-on effect for Sosandar with over 1800 lines through Next and this follows ASOS's recent strong update.

www.next.co.uk/shop/brand-sosandar-0

[dicktrade] 19/6/2023 13:31

Probs due to a read across to NXT impromptu TU this morning saying first 7 weeks trading of Q2 were up +9.3% against guidance of -5% ( negative 5%) in their opinion due to weather and annual pay awards. They dont mention the Pension increase but I am sure this will have had some affect too. Are early pensioner ladies SOS customers?
Probably some .

[someuwin] 17/6/2023 21:22

eCommerce Marketplace Manager

Requirements:

Previous experience operating an eCommerce brand in UK and international marketplaces, with a particular focus on Ireland, Europe, and the US (essential).

[raleigh43] 15/6/2023 16:27

25 days until next earnings release.

[wsm812] 15/6/2023 09:17

It's the return of ASOS' knock on effect

[someuwin] 15/6/2023 09:13

Something's set this off today. Cant buy £4k.

[daijavu] 15/6/2023 08:29

I'm not a chartist but; I think I can see a very definite 'W' in the chart.

Could that mean that the share price is about to shoot up?

[laughton] 13/6/2023 09:33

The one in Penzance closed some time ago. I guess it depends on the layout of individual stores - the pharmacy in Penzance was in the middle of the produce department and half a store away from the where the cloting/homewares are, so not suited to plump Sosandar in its place.

Pretty major disruption for the whole store to shuffle everything around (not something that could be done overnight)- depends on how committed Sainsurys are to the idea.

[someuwin] 12/6/2023 23:49

Wonder what they'll fill the space with?

"All 237 Lloyds Pharmacy branches inside Sainsbury's supermarkets will close their doors forever tomorrow.

The closures were initially set to happen over the next year but were pushed forward..."

[raleigh43] 11/6/2023 15:28

Looks great.

Think they should update the CEOs photos on the website and use the CEOs more as role models in the comm to the wider market.

It’s a great success story and aspirational.

[someuwin] 10/6/2023 09:48

SO-sandar or SOS-andar? Does the way they pronounce it in the adverts sound different to the way everyone else pronounces it - or is it just me?

[w13ken] 10/6/2023 09:17

Here is Sosandar's Summer 2023 Collection, shot in Greece for a change rather than their favourite location in Sevilla. That blue and turquoise dress looks especially good. High hopes for sales this year and a solid move into profit.

[raleigh43] 07/6/2023 10:03

I agree, but there are workarounds.

[daijavu] 07/6/2023 09:33

In my opinion, the main problem SOS and we have is that many PIs and companies, including our soon to be extinct British car industry, have lost confidence in the UK economy, since the enormous mistake of Brexit that has caused so much damage to our trade with our biggest trading partner that just happened to be right next door to us. The UK and the British economy are simply not large enough to compete with the big countries and economic unions out there. We were far better off in our own, local, economic union that we, to all intents and purposes, wrote the rule book for and had a leading role in and gained enormous international influence from, as well as so very much economic benefit from. We were never going to be in the Euro zone or be much affected by it. We had all the plusses of membership with almost none of the negatives.
We always had the power to control of our borders and the only immigrants most Brexiters ever saw were the likes of Mrs Singh who had run the local village shop for the last 40 years

That is not a political statement - I don't care much for any of our political parties or their policies.

My hope is that Julie and Ali are astute enough to overcome the difficulties that they have publicly stated Brexit has caused them. They certainly appear to be capable of managing that. I have every confidence in them.

End of rant.

[raleigh43] 05/6/2023 09:26

Excellent article.

[someuwin] 05/6/2023 08:37

Good new article...

...Despite the noise surrounding Sosandar’s recent partnership success with the likes of Sainsbury’s and John Lewis, they say they have only just scratched the surface of what they are capable of within the UK and beyond.

“We also went into this business not thinking it was just going to be a UK business, but that it was going to be an international business, and the opportunity that we identified we knew translated across the globe,” says an assertive Hall.

“We are having live discussions now with partners across various different territories, so international expansion is definitely at the forefront of our minds at the moment.”

Lavington backs up her partner continually, adding: “We see ourselves being one of the biggest fashion brands in the UK and, indeed, over time to be a big global player in fashion.”̷9;

[daijavu] 31/5/2023 10:15

someuwin. Thanks for sharing that. You've been keeping a closer eye on those numbers than I have

[someuwin] 31/5/2023 09:25

225,000 x 23.375p has taken all the lose stock.

[raleigh43] 29/5/2023 21:53

The growth path is established. There will be bumps on the way as is par for the course.

App on the way.
Sept Sainsburys in store launch.

International deals coming.

[apad] 29/5/2023 17:17

Sosandar is good value at these prices.
April update:
"Highlights for the financial year ended 31 March 2023:
Revenue of £42.5m, up 44% year-on-year (FY22: £29.5m)
First full year of profitability, delivering PBT of at least £1.6m, a substantial positive swing of £2.2m vs £0.6m loss in FY22
Gross margin maintained at 56.1% (FY22: 56.0%) despite growth in revenue through lower margin wholesale channel."

FY is Jul 10th so 3months additional data through an important part of the season.

The share price is back to the level before the April update. Doesn't make any sense unless there is a massive reduction in consumer durables because of an imminent recession.
So, is that what is being priced in?

However, recent trades nearly all seem to be buys, but do not move the price.
Perhaps:
Lombard Odier Investment Managers group.
Reduced from about 9.5% to 5% on the 17th April.
About 12million shares.
Schroder increased by less than a million shares on the 13th April.
No other large rns'.
So, maybe just a lot of shares available?

What do folks think?

apad