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Minelli receives half a dozen mostly partial takeover bids
Paris (France) - The administration of footwear brand Minelli has resulted in half a dozen mostly partial takeover bids. These offers often include a few stores or just the brand name without its employees. This was confirmed by the Paris Commercial Court's website, following a report from French digital media outlet l'Informé. Potential buyers...
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SMCP appoints Linda Li as president and CEO for North America
French accessible luxury group SMCP has announced the appointment of Linda Li as president and chief executive officer (CEO) for North America. Li succeeds Ida Simonsen, who has decided to depart the company to pursue other opportunities. The group expressed its gratitude to Simonsen for her contributions to the development of North American...
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Circular Assets: How SMCP is regaining control of the resale market to drive profitability
Long considered a peripheral or even competing market, second-hand fashion is now establishing itself as a new engine for growth and product cycle monetisation in affordable luxury. By deploying its own white-label resale solution, the SMCP Group is doing more than just following a trend: it is reclaiming a market segment that brands had...
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