SMCP news and archive

SMCP expands recruitment activities in Asia with FashionUnited

Since 1984, SMCP has been spreading Parisian chic across the world with three brands, Sandro, Maje and Claudie Pierlot. The brands are known for on-trend high-quality products with a short and reactive cycle from design to production. The leading global company wants to provide its clients with a superior personal shopping experience in premium...

Report

SMCP expands retail presence in Mexico, opens two new stores

SMCP, the parent company of Sandro, Maje and Claudie Pierlot opened doors to its first two free-standing stores in Mexico City for Sandro and Maje in the Artz Pedregal mall, through a partnership with Retail Fashion Group, a subsidiary of Grupo Sordo Madaleno. Commenting on these openings, Daniel Lalonde, SMCP’s Chief Executing Officer said: “I...

Report

SMCP Q3 sales jump 14 percent

In the third quarter of 2018, consolidated sales at SMCP, the parent company of Sandro, Maje and Claudie Pierlot, reached 247.7 million euros (281.2 million dollars), up 14 percent at constant currency and 13.8 percent reported. The company said, this good performance reflected a strong contribution of like-for-like growth, in line with...

Retail

Maje opens Rockefeller Flagship

New York - SMCP, the parent company of Sandro, Maje, and Claude Pierlot, has opened a new flagship store in New York's famed Rockefeller Center. The boutique features a new design concept unique to the iconic location with pink onyx marble, Carrera marble, brass features and a real gold leaf wall perimeter. The opening of this exceptional store...

Report

SMCP posts strong sales and profit growth in H1

Consolidated sales at SMCP, the parent company of Sandro, Maje and Claudie Pierlot, reached 493.3 million euros (570.4 million dollars), up 15.5 percent at constant currency in the first six months of 2018, which the company said, were driven by 27.2 percent international sales growth at constant currency. Reported sales rose 12.4 percent,...

BusinessFeatured

Can the 'Made in China' label make a comeback?

Paris - In the fashion industry we have Western brands on one hand, and Chinese brands on the other. Occasionally we see both intertwined which raises the question: how can these very different cultures coexist in the same industry, and what roles will they play? China already has its foot in the door by acquiring several local French labels....

Report

SMCP reports 15.2 percent revenue rise in Q2

In the second quarter of 2018, consolidated sales at SMCP, the parent company of Sandro, Maje and Claudie Pierlot reached 241.3 million euros (281.7 million dollars), up 15.2 percent at constant currency. The company said, reported sales rose 12.9 percent, including a negative currency impact of 2.3 percent, like-for-like sales, however, grew...

Report

Erwan Le Meur joins as General Counsel at SMCP

SMCP, the parent company of three brands Sandro, Maje and Claudie Pierlot, has roped in Erwan Le Meur as General Counsel. The company said in a statement that Meur will lead SMCP’s in-house legal function with a broad focus on compliance, corporate governance, litigation and intellectual property, among others. Prior to joining SMCP, Meur served...

ManagementFeatured

SMCP’s first quarter sales improve 15.8 percent

In the first quarter of 2018, consolidated sales at SMCP owner of Sandro, Maje and Claudie Pierlot reached 252 million euros (306.9 million dollars), up 15.8 percent at constant currency. The company said, reported sales were up 11.9 percent, including a negative 3.9pts impact of exchange rates, mainly due to the US dollar and the Chinese...

Report

SMCP forecasts 11 to 13 percent revenue growth for 2018

Along with the publication of its annual report, SMCP, owner of Sandro, Maje and Claudie Pierlot has said that for 2018, the company is anticipating another year of profitable growth, targeting a sales increase between 11 percent and 13 percent at constant currency. SMCP also foresees a continued expansion of its Adjusted EBITDA margin to around...

ManagementFeatured

SMCP reports 14.1 percent rise in Q4 sales, confirms outlook

SMCP, owner of Sandro, Maje and Claudie Pierlot, reported 16 percent or 17.5 percent sales growth to 912 million euros (1,135 million euros) in FY 2017. In the fourth quarter, sales increased 14.1 percent to 256 million euros (318 million dollars), which the company said was driven by a very dynamic performance over the holiday season and...

Retail

SMCP launches in-store Maje app for staff and customers

London - French fashion group SMCP has launched a new store associate app for its staff and customers in 60 of its Maje stores. The parent company of Sandro, Maje and Claudie Pierlot created the new app together with PredictSpring and Salesforce Commerce to help align the online and offline retail journey customers make in order to offer an...