Sosandar promotes finance exec Steve Dilks to chief financial officer

Despite a turbulent market environment, Sosandar raised revenue by 35 per cent to £12.2 million in the year to 31 March after reporting a strong year of trading.
"The performance of our team over the last year has been truly exceptional." : Sosandar CEO's.
// Sosandar promotes finance director Steve Dilks to chief financial officer
// Dilks had joined Sosandar in September
// Prior to Sosandar, he spent 11 years with outdoor clothing retailer Regatta

Sosandar has promoted its finance director Steve Dilks to the role of chief financial officer.

Dilks, who joined Sosandar in September, will join the company’s board with immediate effect.

Prior to Sosandar, he had spent 11 years with outdoor clothing retailer Regatta as chief financial officer.

READ MORE: Sosandar to report full year revenue growth

In addition, Sosandar group finance director Mark Collingbourne will transition to the position of non-executive director with immediate effect.

Collingbourne had been group financial director at Sosandar since its IPO in 2017.

From January to March 2021, revenue at Sosandar rose to £3.94 million, reflecting a 63 per cent year-on-year increase.

For the financial year ended March 31, the online retailer now expects to report revenue of £12.2 million, up 35 per cent year-on-year.

Order numbers increased 29 per cent to 276,000, and repeat orders were up 40 per cent to 190,000.

It also recorded strong sales at John Lewis and Next, with March being a new record month.

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