SMCP

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.

Shandong Ruyi: Moody’s downgrades company rating to CAA1

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).

Smcp grows in Italy: Claudie Pierlot opes in Corso Como

The womenswear brand, owned by Smcp, owner also of brands like Sandro and Maje, has opened its new store in Milan.

Sandro opens first stand-alone store in San Francisco

The French company, owned by SMCP group, has opened its first stand-alone store in San Francisco Premium Outlets in California.

Maje’s owner increases sales by 10.8% in third quarter driven by its international markets

Smcp, owner of brands like Sandro or Maje, has ended its third quarter with a revenue of 274.5 million euros.

Smcp renovates Claudie Pierlot: presents new store concept in Paris

The brand shows its new store concept in Champs-Élysées. The group is planning to renovate other locations with this new style.

Smcp drops its benefit 27% in first half due to refinancing costs

Smcp ended the first half of its fiscal year 2019 with a net benefit of 20 million euros, compared to the 27.4 million euros registered during the same period last year.

The company has been present in the country for 10 years with IT, a group that pays contribution in the Hong Kong Stock Exchange. The company has seven stores and spaces inside multibrand stores.

Daniel Lalonde, in charge of the French business group from 2014, is joining the Spanish Perfume Company.

The owner of Sandro, Maje and Claudie Pierlot registered a revenue of 1.01 billion euros during 2018 fiscal year boosted by the sales in America and Asia Pacific.

Geronimo Chala will be based in New York and is reporting to Textil Lonia’s commercial director, Jaime Garmendia. Previously, the executive worked at Tesla, SMCP, Lacoste and Quiksilver.

The Shandong Ruyi-owned French group has continued to extend in the Chinese market, where consumption has speeded up again and premium and luxury players have new growth perspectives.