Sosandar PLC - Cheshire, England-based online women’s fashion brand - Announces it has signed a lease agreement for its fourth store, in St David’s Dewi Sant shopping centre in Cardiff, Wales. This follows recent store openings in Chelmsford, Marlow and Gateshead. It notes that St David’s occupies one-third of Cardiff’s city centre and will place Sosandar alongside brands such as AllSaints, Mint Velvet and Reiss. Co-Chief Executive Officers Ali Hall and Julie Lavington say St David’s ‘meets our criteria of opening stores in top tier, thriving locations where Sosandar customers over-index, being the go-to shopping destination in Cardiff’.

Current stock price: 10.13 pence, down 3.5% in London on Monday afternoon.

12-month change: down 48%

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