- Supermarkets giant to stock Sosandar products online and in stores- Initial range to include Sosandar best sellers- Tie-up follows record Christmas quarterShares in Sosandar (SOS:AIM) surged the best part of 10% higher to 23p after the online women's fashion brand announced a wholesale agreement with FTSE 100 supermarkets giant Sainsbury's.Significantly, the partnership will see...

- Womenswear brand's Q1 sales surge 81%- On course for pre-tax profits breakthrough- Sees strong trading with third party retailersShares in Sosandar (SOS:AIM) rallied 4.7% to 19.4p after the fast-growing online women's fashion brand reported record annual results and second half profits, with a 'very strong start' to its new financial year flagged.While fashionwear shoppers are facing a...

Shares in Sosandar (SOS:AIM) bounced 17.7% higher to 28.25p after the online women's fashion brand said sales and EBITDA, or earnings before interest, tax, depreciation and amortisation, for the year to 31 March 2022 will beat recently upgraded market expectations.The upgraded followed the digital fashion retailer's delivery of a second consecutive EBITDA positive quarter in the final quarter...

UK stocks gave back roughly half the ground they had made this year on Thursday as markets reacted to the release of minutes from the latest Federal Reserve meeting.The Fed, as it is known, signaled it could move earlier than expected to raise rates and tame inflation as well as reducing its balance sheet, effectively stopping the market purchases of Treasury bonds which have helped support...

UK stocks lost ground on Thursday after heavy falls overnight in the US following the release of minutes from the latest Federal Reserve meeting.The Fed, as it is known, signaled it could move earlier than expected to raise rates and tame inflation as well as reducing its balance sheet, effectively stopping the market purchases of Treasury bonds which have helped support risk assets.Treasury...

UK stocks dropped in early trading after heavy falls overnight in the US following the release of minutes from the latest Federal Reserve meeting.The Fed, as it is known, signaled it could move earlier than expected to raise rates and tame inflation and it could reduce its balance sheet, effectively stopping the market purchases of Treasury bonds which have helped support risk assets.Treasury...

The FTSE 100 finished Tuesday's trading session 0.71% lower at 7,059.45 points and the FTSE 250 index shed 1.04% to 22,519.72, as markets continued to worry about the potential impacts of the ominously-named new Covid variant, Omicron.Sentiment weakened after Moderna chief executive Stephane Bancel cast doubts over the efficacy of existing vaccines against the coronavirus variant, although...

An easing of energy crisis fears and a positive start to trading on Wall Street helped the FTSE 100 to a solid finish on Thursday. By the close, the blue chip benchmark was up 1.2% at 7,078.04 points, while the FTSE 250 finished 0.77% higher at 22,559.22.In the US the S&P 500 was up 1.35% to 4,422.55 by 4.30pm UK time.Wall Street's indices pushed higher after a temporary agreement was struck...

Shares in Sosandar (SOS:AIM) strutted 7.4% higher to 18.8p on Thursday as the online women's fashion brand announced an exciting deal to sell its womenswear collections on Marks & Spencer's (MKS) website.Hard-pressed high street stalwart Marks & Spencer is forging clothing partnerships with carefully chosen third party brands as part of a strategy to turbocharge online growth by giving...

Optimism surrounding Covid-19 vaccines combined with positive factory data from China and the UK to send the FTSE 100 higher on the first trading day of December, the blue chip benchmark ending the session 1.9% up at 6,384.73.Gold regained its shine again amid a rare down day for cryptocurrency Bitcoin, while US shares were in demand with the S&P 500 up 1.3% to 3,669.14 by 4.30pm UK...

The FTSE 100 was 2.1% firmer at 6,396.64 on Tuesday, the blue chip benchmark buoyed by positive factory data from China and the UK, although sterling remained volatile with Brexit talks going down to the wire.CORPORATE NEWSIn corporate news, department store Debenhams announced it is entering liquidation after JD Sports (JD.) pulled out of a deal to buy the group out of administration. Shares...

Shares in online women's fashion brand Sosandar (SOS:AIM) slid 9% to 18p despite first half results which revealed strong top line growth and a substantial narrowing of EBITDA losses.The dresses, jeans and jumpers purveyor also reported an encouraging acceleration of autumn sales, achieving a record month of sales in October and a new daily record for revenue in November, boosted by marketing...

Following on from recording its biggest monthly gain in three decades in November, London's FTSE 100 started December in bright fashion with blue chip stocks soaring in early trade.At around 8.30am, the UK's benchmark index jumped 1.44% to 6,356.15, as positive Chinese factory data fueled global economic recovery hopes that are already supported by upbeat coronavirus vaccine...

UK stocks ended the day marginally lower amid confusion in global markets following the unexpected decision by president Trump to suspend negotiations over further stimulus to the US economy until after next month's elections.US indices fell sharply overnight but rebounded again strongly during the European session. London's FTSE 100 index fell 4 points 5,946 at the close as gains in retailers...

Shares in online women's fashion retailer Sosandar (SOS:AIM) strutted 7.5% higher to 16.3p on Wednesday on the news first-half losses narrowed substantially amid a 52% rise in sales.Encouragingly, the trading momentum seen in the first quarter, where Sosandar's sales increased by 54% year-on-year, continued into the second quarter, even after non-essential clothing retail rivals re-opened...

UK stocks were largely unchanged at lunchtime as global markets reacted to the unexpected decision by president Trump to suspend negotiations over further stimulus to the US economy until after next month's elections.US indices fell sharply overnight on the news although futures recovered some of their lost ground during the European morning. London's FTSE 100 index traded sideways at 5,950...

London's FTSE 100 opened higher on Wednesday after groceries giant Tesco (TSCO) delivered a rise in first-half profits and upped its dividend.At 8.30 am, the blue chip benchmark was up a modest 5.6 points at 5,955.5, while the FTSE 250 edged ahead 0.17% to 17,828, despite Donald Trump's decision to abruptly end talks with Democrats on a new Covid-19 stimulus package.Britain's biggest...

UK markets were dragged lower in early trade on Tuesday by worries of investor over-exuberance after another surge for Wall Street overnight.Monday's rally in US stocks pushed the S&P 500 back into the green for the year as easing lockdowns bolstered optimism on an economic rebound. The benchmark closed at a 15-week high, bringing its rally from the March low to almost 45%, while the Nasdaq...

The 'very limited' re-opening of clothing and homewares retailer Next's (NXT) online operations (14 Apr) shows businesses' emergence from the coronavirus-enforced shutdown is likely to be a gradual process.Next's phased reintroduction of its online operations shows that the recovery will happen in slow motion.Companies across all industries will need to focus on safer ways of working and...

Shares in clothing and homewares purveyor Next (NXT) nudged 0.3% higher to £46.37 on Tuesday after the retailer reopened its online business, albeit it in limited fashion.Online is the real growth engine for Next, offsetting the drag from brick and mortar stores, and helped the high street bellwether to deliver better than expected profits in the year to 31 January 2020.In late March, Next...