Sosandar PLC on Tuesday said that it has signed a lease agreement with Metrocentre for a new store in the Gateshead-based mall.
The Cheshire, England-based online women’s fashion brand has already opened two other stores - the first in Chelmsford, and the second in Marlow.
Metrocentre, where Sosandar’s third store will be, is located just outside of Newcastle. It was visited by 14.4 million people in 2024.
Looking ahead, Sosandar said that a number of other lease agreements are in ‘the latter stages of legal processes’.
‘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,’ said Chief Executives Ali Hall and Julie Lavington.
Shares in Sosandar were trading 3.4% higher at 9.05 pence each in London on Tuesday afternoon.
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