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
Translated by Roberta HERRERA Published Mar 10, 2024 SMCP, the French luxury conglomerate renowned for its accessible luxury, experienced a mixed year in 2023. On one hand, the group witnessed a sales uptick in reported figures, surpassing 2% to reach €1.23 billion. Notable achievements include Sandro’s 3% growth, crossing the €600 million revenue mark, and … Read more
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
Translated by Nicola Mira Published Feb 8, 2024 Another sportswear brand is setting up shop in Paris. Swiss running brand On recently opened its first French store on the Rive Gauche, and Canadian outdoor apparel brand Arc’teryx is also about to make a grand entrance on the French market. On February 9, Arc’teryx will open … Read more
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
Oniverse, the fashion and lingerie group formerly known as Calzedonia Group, has a fresh product extension via fine food and wine – Signorvino in Paris. DR Located in the Latin Quarter of the French capital, Signorvino is an airy three-storied building in buzzy Place St Michel, offering classic with a twist of Italian cuisine and … Read more
Hurr continues to look like one of the companies with the strongest chance of creating an enduring business in the rental sector and has just announced that it has raised a multi-million sum in new funding. Hurr In a social media post, CEO Victoria Prew said on Monday that “there are some milestones I’ll remember … Read more
