SoSueMe blogger's firm sees profits almost triple

business
Skerries woman Suzanne Jackson is the founder and CEO of the bestselling beauty brand, SOSUbySJ
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Gordon Deegan

Profits at an online sales business owned by the businesswoman behind the fashion and lifestyle SoSueMe blog, Suzanne Jackson last year almost tripled to €1.64 million.

In a record business period for the company, Cohar Ltd, the business at the end of last December was sitting on accumulated profits of €2.2 million.

The profits of €1.64 million for the nine months between the end of March 2019 and end of December last followed profits of €582,559 in the prior year.

The bumper 2019 for the company resulted in the cash pile at the firm increasing from €697,886 to €1.85 million.

Staff costs last year increased from €40,616 to €162,691.

Black Friday

Skerries woman, Ms Jackson is the founder and CEO of the bestselling beauty brand, SOSUbySJ.

Business continues to be strong in spite of the pandemic and on the So Sue Me Facebook page this week, Ms Jackson thanked her followers this week for the high volume of orders on Black Friday.

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The 36-year-old business woman set up the SoSueMe blog in 2010 at the age of 25 and is also a co-director of SanFran Cosmetics Limited along with businessman Fran O’Gorman.

Last year SanFran Cosmetics recorded profits of more than €3m.

The sharp rise in profits resulted in the SanFran company sitting on accumulated profits of €4.917 million at the end of last year.

Palettes and lashes

The record €3.039 million profit recorded at the business in the 12 months to the end of December last follows the firm recording profits of €902,760 in 2018.

Ms Jackson and Mr O’Gorman each own a 50% stake in the company which sells Ms Jackson’s branded palettes, lashes and other beauty products.

The company’s cash funds last year increased from €607,836 to €1.2m.

The SoSueMe Facebook page alone has over 325,000 followers while Ms Jackson’s Instagram account has over 284,000 followers.

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