SMCP jobs
SMCP names new president and CEO of North America
SMCP Group, the Parisian retail group that includes Sandro, Maje, Claudie Pierlot and Fursac, has named Ida Simonsen president and chief executive of SMCP North America. Simonsen joins from Stella McCartney, where she has served as president of the Americas for over 12 years, playing a crucial role in expanding the British brand’s retail and...
ManagementFeaturedloading...
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...
Businessloading...
Sandro launches AI tool to help customers find their 'ideal size'
French brand Sandro, owned by the SMCP group, is relying on artificial intelligence (AI) to help its customers choose their ideal size. On Linkedin, Sandro announced a collaboration with Fringuant, a tool based on body scanning technology that helps you find 'the right clothing size'. The tool, powered by AI, allows online shoppers to determine...
Retailloading...
SMCP targets returning to growth by 2026
SMCP, parent company of the Sandro, Maje and Claudie Pierlot and Fursac brands, reported first quarter sales at 287 million euros, down 5 percent on an organic basis. The company continued to optimise its store network with 11 net closings during the quarter, mainly in Asia to reach 1,719 points of sales worldwide. The company will close 100...
ManagementFeaturedloading...
SMCP 2023 sales grow but profit plummets
SMCP reported FY23 sales of 1,231 million euros, a progression of 4 percent at constant exchange rates and 3 percent on an organic basis versus 2022. The company parent to Sandro, Maje, Claudie Pierlot and Fursac, reported sales of 326 million euros, in line with 2022 at constant exchange rates and down 1 percent on an organic basis. Adjusted...
Reportloading...
Fursac MD departs, SMCP CEO appointed to helm
It has been confirmed that Fursac’s former managing director, Jérémie Le Febvre, has stepped down from the helm position almost one year on from his initial appointment. As such, the chief executive officer of the Italian brand’s parent company SMCP, Isabelle Guichot, is to take on the management on an interim basis, with assistance of Ilan...
Reportloading...
Sandro expands presence in the US
SMCP brand Sandro is consolidating its presence in the US market with the opening of a shop at the Westfield Topanga Shopping Center in Los Angeles. "As part of our efforts to strengthen our presence in North America, and following our recent openings in Georgetown (Washington D.C.) and Williamsburg (New York), we are pleased to announce the...
Retailloading...
7 Lessons from SMCP’s Isabelle Guichot on successfully managing a business
At Fashion Reboot 2023, organised by the IFM, Isabelle Guichot, managing director of luxury conglomerate SMCP, which owns Sandro, Maje, Claudie Pierlot and Fursac, offered fashion professionals seven lessons on how to "manage a fashion company in times of disruption and uncertainty". Lesson no. 1: Adapt collection architecture, simplify...
BusinessFeaturedloading...
PETA’s 2023 Fashion Awards: From Balenciaga’s Lunaform coat to SMCP’s feather ban
It is that time of year again when the People for the Ethical Treatment of Animals (PETA) reveals the winners of its annual Fashion Awards, through which it looks to recognise “industry trailblazers making fashion kinder to animals and the planet”. This year, the award for Best Luxury Moment went to Isabel Marant after the brand confirmed that...
Businessloading...
SMCP expands into India with Reliance Brands
Luxury conglomerate SMCP has announced that it will be taking its first steps into India as a continuation of its international expansion strategy. The move comes via a partnership with Reliance Brands Limited, a luxury and premium trade firm that will become the exclusive distributor of the Sandro and Maje brands in the market. “This new...
Businessloading...
SMCP: Q3 sales slide as demand in Europe, Americas falters
French premium group SMCP has reported a 4.4 percent drop in sales in the third quarter as it faced a challenging trading backdrop. The group, whose portfolio comprises labels Sandro, Maje, Claudie Pierlot, and Fursac, generated sales of 294.9 million euros in Q3, down from 308.4 million euros a year earlier. Breaking it down by brand, sales at...
ManagementFeaturedloading...
Maje launches resale in the US
Parisian fashion brand Maje, part of French fashion group SMCP, has launched its in-house peer-to-peer resale platform in the US in partnership with Archive, the technology platform for branded resale items. ‘Maje Secondhand’ gives customers the ability to list their preloved Maje pieces alongside past season’s clothing “to create a cohesive...
Fashion loading...