SMCP
PT Operations Associate, Sandro+Maje @ Holt Renfrew, Ogilvy
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SMCP sales increase in first quarter, except in asia
The sales of the ready-to-wear group SMCP, parent company of the brands Sandro, Maje, Claudie Pierlot and Fursac, increased by 3.4 percent year-on-year in the first quarter, to 297 million euros, progressing in all geographical areas except Asia. Isabelle Guichot, chief executive officer of the group, highlighted “a complex and volatile...
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SMCP appoints new CEO of Asian business
French fashion conglomerate SMCP Group has named Kleine Tan as the new chief executive officer for its Asian business. He succeeds Jimmy Lam, who is stepping down from the role to “pursue new opportunities outside of the group”, a press release said. Tan, who took up the position from April 1, joins SMCP from LVMH, where he most recently served...
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SMCP fashion group falls into the red, weighed down by China
The fashion group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) reported a net loss of more than 23 million euros in 2024 due to poor performance in the Chinese market, and despite improvement in the second half of the year. In 2023, its net profit was 11 million euros, compared to 51 million euros in 2022. In 2024, meanwhile, the group's...
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