Claudie Pierlot

China, France post weak results in Q1

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Translated by Nicola Mira Published Apr 25, 2024 The SMCP group has announced in its new strategic plan that it wants its international business to take advantage of prevailing global market trends. The group that owns Sandro, Maje, Claudie Pierlot and Fursac will soon open in India, in partnership with local giant Reliance Brands. One … Read more

SMCP hit by tough finale to 2023 as profits fall, but sales still edged up

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SMCP’s full-year results Wednesday saw it confirming that sales rose 4% at constant exchange rates (3% on an organic basis) to reach €1.231 billion. But net profits still plummeted and the company is intensifying its efforts to boost its brands and control costs. Sandro The company said the average in-season discount rate had stayed “nearly … Read more

SMCP Q4 update sees sales figure scaled back, but revenue still rising

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SMCP has issued a brief Q4 update and sales that its “sales remained stable compared to 2022 at constant exchange rates, despite a macroeconomic context that continued to deteriorate”. Sandro Even though the owner of Sandro, Maje, Claudie Pierlot and Fursac saw “heightened geopolitical tensions, weak household consumption and persistent inflation, the good resilience of … Read more