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SMCP
SMCP Details Turnaround Plan as Q1 Sales Fall 5.8%
The contemporary fashion player hopes to return to profitable growth by 2026.
Contemporary Gets Loud About ‘Quiet Luxury’
During Paris Fashion Week presentations, brands were focusing on adapting to the "quiet luxury" trend…
SMCP to Detail Turnaround Plan This April
The accessible luxury player is looking to reduce costs and boost growth after a tough year, it said as it…
SMCP Set to Expand Into India
The Sandro, Maje and Claudie Pierlot parent company will enter the market in partnership with retail giant…
French Investment Fund Experienced Capital Shakes Up Leadership
Cofounders Frédéric Biousse and Elie Kouby have relinquished their operational roles to a new team led by…
SMCP Sales Down in Third Quarter Following Company Warnings
A slower than expected recovery in China and lack of tourism in Canada dragged the French accessible luxury…
SMCP Lowers Guidance for 2023, Citing China Slowdown
The Sandro, Maje, Claudie Pierlot and Fursac parent also pointed toward persistent inflation in Europe.
SMCP Q2 Boost Relies on China Recovery
Sales in the key market jumped 53 percent year-over-year, while Canada and France dragged.
Jérémie Le Febvre Named CEO of SMCP’s Fursac
He previously held executive positions at A-Cold-Wall and AMI Paris.
Return of Tourists Boosts SMCP Sales in France, China Stabilizes in Q1
Sales for the Sandro and Maje parent company were up 6.7 percent on an organic basis, while the Americas…
EXCLUSIVE: Elina Kousourna Named CEO of Maje
The SMCP executive will move from men's brand Fursac to oversee the group's women's contemporary label.
SMCP Sales Gain 4% in Q4 as China Recovery Lags
Sales were up for the full-year, but the slow reopening of China weighed on the Sandro and Maje parent…
SMCP Bondholders Initiate Sale of 37 Percent Stake
The initial stage will last two months and could trigger a mandatory takeover.
Sandro, Maje Go Down- and Feather-free
SMCP brands including Claudie Pierlot and Fursac will stop using bird products by the fall 2023 collections.
SMCP Taps Olivier Germain as New Claudie Pierlot CEO
He will join the French contemporary label from New Guards Group.