SMCP Group announces sale of over 50 percent of capital

Fashion group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) announced on Thursday the sale of shares representing up to 51.2 percent of its capital. The process is expected to take “several months” and could allow the company “to stabilise its shareholding structure”.

Context

This announcement follows the forced return of 15.5 percent of SMCP’s capital to a Luxembourg-based holding company in August 2025. The shares were improperly transferred to a trust based in the British Virgin Islands by its Chinese shareholder, who defaulted in 2021.

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