SMCP jobs
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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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SMCP's H1 turnover increases, confirms outlook
SMCP, the parent company behind French fashion labels Sandro, Maje and Claudie Pierlot posted net income of 20 million euros (22 million dollars) in the first half of 2019 against 27.4 million euros in H1 2018. Excluding one-off costs related to the refinancing, the company said, net income group share was almost stable at 27.8 million euros....
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SMCP Q2 sales increase, confirms full year outlook
In the second quarter of 2019, SMCP, the parent company of Sandro, Maje and Claudie Pierlot said consolidated sales reached 265.7 million euros (295.7 million dollars), up 8.9 percent at constant currency, while the company said, reported sales stood at 10.1 percent, including a positive currency impact of 1.2pts. For the full year, the group is...
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Sandro partners up with Farfetch
French group SMCP has signed a deal to sell products from its brand Sandro Paris at Farfetch. “With more than 13 million clients per month worldwide, Farfetch will be the ideal partner to enable Sandro to address a wider, premium customer base”, celebrated the company in a press statement. The partnership with Farfetch is the latest step in...
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SMCP sales up 7.2 percent in first quarter of 2019
SMCP, the parent company of Sandro, Maje and Claudie Pierlot, has reported a 7.2 percent increase of consolidated sales at constant currency to 274.6 million euros for the first quarter of 2019, buoyed by strong results in the Asia-Pacific region. Sales in France were down by 3.9 percent to 96 million euros in the quarter, but were offset by...
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