SMCP jobs
Minelli receives half a dozen mostly partial takeover bids
Paris (France) - The administration of footwear brand Minelli has resulted in half a dozen mostly partial takeover bids. These offers often include a few stores or just the brand name without its employees. This was confirmed by the Paris Commercial Court's website, following a report from French digital media outlet l'Informé. Potential buyers...
Business|Updated Memberloading...
Circular Assets: How SMCP is regaining control of the resale market to drive profitability
Long considered a peripheral or even competing market, second-hand fashion is now establishing itself as a new engine for growth and product cycle monetisation in affordable luxury. By deploying its own white-label resale solution, the SMCP Group is doing more than just following a trend: it is reclaiming a market segment that brands had...
BusinessFeaturedMemberloading...
SMCP drives Sandro's expansion in Latin America
French fashion group SMCP is expanding its brand Sandro's presence in Latin America. Two new stores have already opened in the region this month, with more set to follow according to current plans. On December 10, Sandro opened its first store in Chile in partnership with local company Leuru Group. The clothing brand chose the capital, Santiago,...
Retailloading...
SMCP H1 sales increase by 2.7 percent
Sales for the prêt-à-porter group SMCP, parent company of Sandro, Maje, Claudie Pierlot and Fursac, increased by 2.7 percent in the first half of the year to 601 million euros. Growth occurred in all geographical areas except Asia. This "solid" performance, especially in the US, was "remarkable" in a market that remains "uncertain and...
BusinessMemberloading...
Sandro launches US resale marketplace with Archive
French brand Sandro has become the latest to step into the resale market in the US with the launch of its own pre-loved marketplace developed alongside Archive. It builds on the ready-to-wear label’s already established resale programme, Seconde Main, which it launched in France in October 2021 and Germany in July 2022. According to the brand,...
RetailFeaturedloading...
SMCP names new group chief financial officer
French premium fashion group SMCP, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, has announced the appointment of Patricia Huyghues Despointes as group chief financial officer. Despointes joins from luxury label Givenchy where she’s been chief financial officer since joining in 2016. Prior to that, she spent 15...
Peopleloading...
SMCP names new chief digital transformation & operations officer
French premium fashion group SMCP has named Olivier Malvezin as chief digital transformation & operations officer as the company moves “into a new chapter, in which digital and operations will have a key role”. In his new role, Malvezin will oversee digital, supply chain, IT and demand planning teams at the group level, and will join the group’s...
Peopleloading...
De Fursac opens boutique in London
Contemporary French menswear label De Fursac has opened its first boutique outside of France in London. The 860 square foot boutique in Chelsea, London will be home to the label’s tailoring, urban casual and eveningwear collections. Commenting on the opening, Alix Le Naour, artistic director of De Fursac, said in a statement: “I’ve always been...
RetailMemberloading...
French fashion group SMCP swings to first-half loss
SMCP, the parent company of Parisian labels Sandro, Maje, Claudie Pierlot and De Fursac, has swung to a loss in the first half of the year due to Covid-19, but says it has implemented a number of cost-cutting measures to ride out the pandemic. The French premium fashion group reported a loss of 88.5 million euros, compared to a profit of 17.2...
BusinessFeaturedMemberloading...
SMCP secures 140 million euro state-guaranteed loan
French premium fashion group SMCP has announced it has obtained a state-guaranteed loan of 140 million euros to help it mitigate the financial impact of Covid-19. “The group has contracted a loan of 140 million euros, guaranteed by the French State (PGE) up to 90 percent with a one-year maturity loan and an extension option of up to five...
BusinessMemberloading...
SMCP posts sales growth, confirms outlook
In 2019, consolidated sales at SMCP, parent company of the Sandro, Maje and Claudie Pierlot brands, reached 1,131.9 million euros (1,245.7 million dollars), up 8.7 percent at constant currency and scope. The company said, reported sales were up 11.3 percent, including a positive currency impact of 1.3 percent and De Fursac’s contribution of 1.2...
BusinessFeaturedMemberloading...
Sandro opens first U.S. flagship store in New York
French fashion brand Sandro has opened its first flagship store in the United States in the SoHo neighborhood of New York City. The location is centered on craftsmanship, which reflects the history and evolution of the brand. According to an announcement from the brand, this location will carry an exclusive selection of menswear and womenswear...
RetailMemberloading...