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SMCP records strong profitability in H1 driven by strict full-price strategy
French fashion group SMCP announced its consolidated financial results for the first half ended June 30, 2026. The Paris-based parent company of Sandro, Maje, Claudie Pierlot, and Fursac recorded net sales of 597 million euros (680.7 million dollars), representing an organic growth of 0.6 percent compared to 601.10 million euros in the...
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SMCP drives Sandro's expansion in Latin America
French fashion group SMCP is expanding its brand Sandro's presence in Latin America. Two new stores have already opened in the region this month, with more set to follow according to current plans. On December 10, Sandro opened its first store in Chile in partnership with local company Leuru Group. The clothing brand chose the capital, Santiago,...
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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...
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