- Online women's fashion retailer Sosandar said it more than tripled like-for-like sales in the second half of its financial year through March.

Revenue for the full year was expected to be no less than £1.34m, the company said, without providing comparative figures.

Gross margin for the year was expected to be 49.3%, up from 37.8% in the previous year.

'Returns levels are already nearing industry average despite being an early stage business,' the company said.

'While the business continues with high customer acquisition it is anticipated that returns will remain around this level, but longer term efficiencies will be seen as repeat order rates continue to grow and people become used to sizing.'

At 8:32am: [LON:SOS] Sosandar Plc Ord 0.1p share price was +1.15p at 16.5p

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