Sandro
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SMCP fashion group falls into the red, weighed down by China
The fashion group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) reported a net loss of more than 23 million euros in 2024 due to poor performance in the Chinese market, and despite improvement in the second half of the year. In 2023, its net profit was 11 million euros, compared to 51 million euros in 2022. In 2024, meanwhile, the group's...
BusinessMemberFeb 28, 2025
Sandro opens first store in India
Sandro is opening its first store in India. The French brand is settling in the city of Mumbai, as announced in a press release. The first Indian store paves the way for further expansion in South Asia. Sandro's first store in Mumbai mirrors the signature design of its flagship stores around the world. The 150-square-metre location will showcase...
RetailJan 16, 2025
SMCP secures distribution deals in Philippines and Indonesia
SMCP has announced the signing of two new distribution deals in the Philippines and Indonesia, countries the company said were “key drivers of development and influence, with strong economic growth and a flourishing middle class”. SSI Group will take over the distribution of SMCP brands in the Philippines, while Map Group will oversee...
BusinessMemberSep 10, 2024