Business
Third store agreement signed with Metrocentre
Third store agreement signed with Metrocentre.
About this update from Sosandar Plc
[{"type":"text","content":"\n\n\n\n\n\nDate:\n\n\n20 August 2024\n\n\n\n\nOn behalf of:\n\n\nSosandar plc ('Sosandar' or 'the Company')\n\n\n\n\nEmbargoed until:\n\n\n0700hrs\n\n\n\n\n \nSosandar plc\nThird store agreement signed with Metrocentre near Newcastle\n \nSosandar plc (AIM: SOS), one of the fastest growing fashion brands in the UK, creating quality, trend-led products for women of all ages, announces that it has signed a lease agreement for its third store in the North-East's Metrocentre. The store is expected to open in October in time for the key Christmas trading period and will follow the opening of Sosandar's first two stores in Chelmsford and Marlow in September. \n \nMetrocentre is a top five UK super regional mall, located in Gateshead, outside Newcastle. Metrocentre was visited by 14.4 million people in 2023, an increase on the prior year. Sosandar's store will sit in the heart of Metrocentre's Platinum Mall, which is home to higher-end and designer stores, alongside other highly regarded brands such as Jo Malone, Harrods' H Beauty, and Hobbs. \n \nThis is the third store that Sosandar has signed this calendar year, with a number of others in the latter stages of legal processes and further prospective stores across a broader set of locations identified and under review.\n \nAli Hall and Julie Lavington, Co-CEOs at Sosandar, commented: \"We are pleased to announce the third location for our Sosandar stores. We have a strict criteria of opening stores in top tier, thriving locations where Sosandar customers over-index, and Metrocentre ticks all these boxes. Metrocentre has a reputation for hosting a versatile range of fashion retailers and we look forward to the official opening of our store in the coming months.\"\n \n \nEnquiries\n\n\n\n\nSosandar plc\n\n\nwww.sosandar.com\n\n\n\n\nJulie Lavington / Ali Hall, Joint CEOs\n\n\nc/o Alma PR\n\n\n\n\nSteve Dilks, CFO \n\n\n\n\n\n\n\nSinger Capital Markets\nPeter Steel / Tom Salvesen / Alaina Wong\n\n\n+44 (0) 20 7496 3000\n \n\n\n\n\nAlma Strategic Communications\n\n\n+44 (0) 20 3405 0205\n\n\n\n\nSam Modlin / Rebecca Sanders-Hewett / Kinvara Verdon\n\n\[email protected]\n\n\n\n\nAbout Sosandar plc\nSosandar is o...