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SMCP secures distribution deals in Philippines and Indonesia
SMCP has announced the signing of two new distribution deals in the Philippines and Indonesia, countries the company said were “key drivers of development and influence, with strong economic growth and a flourishing middle class”. SSI Group will take over the distribution of SMCP brands in the Philippines, while Map Group will oversee...
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Sandro launches AI tool to help customers find their 'ideal size'
French brand Sandro, owned by the SMCP group, is relying on artificial intelligence (AI) to help its customers choose their ideal size. On Linkedin, Sandro announced a collaboration with Fringuant, a tool based on body scanning technology that helps you find 'the right clothing size'. The tool, powered by AI, allows online shoppers to determine...
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SMCP targets returning to growth by 2026
SMCP, parent company of the Sandro, Maje and Claudie Pierlot and Fursac brands, reported first quarter sales at 287 million euros, down 5 percent on an organic basis. The company continued to optimise its store network with 11 net closings during the quarter, mainly in Asia to reach 1,719 points of sales worldwide. The company will close 100...
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SMCP 2023 sales grow but profit plummets
SMCP reported FY23 sales of 1,231 million euros, a progression of 4 percent at constant exchange rates and 3 percent on an organic basis versus 2022. The company parent to Sandro, Maje, Claudie Pierlot and Fursac, reported sales of 326 million euros in the fourth quarter, in line with 2022 at constant exchange rates and down 1 percent on an...
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Sandro expands presence in the US
SMCP brand Sandro is consolidating its presence in the US market with the opening of a shop at the Westfield Topanga Shopping Center in Los Angeles. "As part of our efforts to strengthen our presence in North America, and following our recent openings in Georgetown (Washington D.C.) and Williamsburg (New York), we are pleased to announce the...
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SMCP: Q3 sales slide as demand in Europe, Americas falters
French premium group SMCP has reported a 4.4 percent drop in sales in the third quarter as it faced a challenging trading backdrop. The group, whose portfolio comprises labels Sandro, Maje, Claudie Pierlot, and Fursac, generated sales of 294.9 million euros in Q3, down from 308.4 million euros a year earlier. Breaking it down by brand, sales at...
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Sandro unveils collaboration with Wrangler for AW23
Parisian fashion label Sandro has revealed a new collaboration with Wrangler, reinterpreting the American denim company’s archival models for a AW23 collection. A total of 10 pieces make up the line – including three jacket-trouser sets – each inspired by 70’s cowboy looks and drawing on Wrangler’s signature codes, such as flat rivets and flap...
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Strong growth in Asia and Europe boost SMCP's sales
SMCP, parent company of Sandro, Maje, Claudie Pierlot and Fursac reported sales at 610 million euros in the first half period, a progression of 8 percent on an organic basis and 9 percent at constant exchange rates. The performance was driven by both like-for-like sales increase of 5 percent and from network expansion. The company opened 23 new...
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Positive growth across markets drive Q1 sales at SMCP
French fashion group SMCP, the parent of Sadro, Maje, and Claudie Pierlo, has reported sales at 305 million euros in the first quarter, up 8 percent at constant exchange and 7 percent on an organic basis versus 2022 driven by like-for-like growth. Commenting on the results, Isabelle Guichot, CEO of SMCP, stated: “We are particularly pleased with...
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Sandro launches collection with Louis Barthélemy
Parisian fashion brand Sandro has unveiled a collaboration with French artist and designer Louis Barthélemy as part of the brand’s spring/summer 2023 collection. Barthélemy, a designer, illustrator and textile designer, worked alongside Sandro’s founder and artistic director, Évelyne Chetrite, on the 11-piece capsule collection featuring...
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Sandro launches UK rental service with Hurr
Parisian fashion brand Sandro is partnering with rental platform Hurr to launch its rental offering in the UK, following a successful launch in France last year. In a statement, Sandro said that it would be offering customers the opportunity to rent its current spring/summer 2023 collection, including tailoring, dresses, tops, and casual jackets...
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SMCP posts record Q4 sales as FY profits more than double
Premium fashion group SMCP saw its profits more than double in its most recent full-year results following a strong fourth quarter as deep-pocketed shoppers remained resilient despite rising inflation. The French group, which owns brands Sandro, Maje, Claudie Pierlot, and Fursac, reported sales of 332 million euros in the fourth quarter, up 5.9...
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