Sosandar to raise £5.4m to ‘accelerate future growth’
Sosandar has revealed its plans to raise £5.4m in funding in an attempt to “capitalise on the opportunities in its markets and accelerate its future growth”.
The fashion retailer has earmarked the money to further invest in stock to support its partnership with Sainsbury’s and boost its wider omnichannel strategy.
Formerly a pureplay retailer, Sosandar first unveiled its partnership with Sainsbury’s last month and said a selected range of its products will start to be sold through the grocer’s online channel this year.
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