
11 dic 2019 - 17:47
Analysts believe that the problem of the Chinese company’s debt is related to the acquisitions made by the company in the last ten years, which have meant paying out 40,000 million yuan (5.6 billion dollars).
Established in 2010, SMCP is the owner of Sandro, Maje and Claudie Pierlot brands. Sandro started in 1984 by Evelyne Chetrite. In 1998, his sister, Judith Milgrom launched Maje. Claudie Pierlot, meanwhile, joined the group in 2009. In 2016, the company went to the Chinese group Shandong Ruyi.
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11 dic 2019 - 17:47
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