Serial fashion investor takes Sosandar stake

Sosandar AGM Bill Murray
//  A serial fashion investor has snapped up 3.5% stake in Sosandar following its recent funding round
// William Currie Investment currently owns interest in Asos, Boohoo, In The Style and THG

Serial fashion investor Bill Currie has snapped up a 3.5% stake in Sosandar following the fashion retailer‘s recent funding round.

The latest acquisition by William Currie Investment comes just a few months after it bought a 4% stake in In The Style.

Currie also holds interest in Asos, Boohoo and THG.

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Last week the retailer secured £5.4m when it issued new shares to existing shareholders and new investors to accelerate its omnichannel strategy following its partnership with Sainsbury’s.

The deal with the supermarket will see the etailer open its first physical space allowing shoppers to snap up products from a curated collection in store.

Sosander co-CEOs Ali Hall and Julie Lavington said that it believed the opportunity for Sosander “is larger than ever”.

They said: “We see a number of opportunities for further growth both on our own site and through our third-party partners in the coming months and beyond.”

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