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Maje news and archive

Management

SMCP says COVID-19 outbreak expected to impact Q1 sales

Consolidated sales at SMCP, parent company of Sandro, Maje and Claudie Pierlot, reached 1,131.9 million euros (1,223 million dollars), up 8.7 percent at constant currency, mainly driven by an international sales growth of 14.2 percent with mainland China registering more than 30 percent rise at constant currency. The company said in a statement...

Mar 25, 2020

Report

SMCP to take sales and profit hit in China due to coronavirus outbreak

SMCP, parent company of Sadro, Maje, Claudie Pierlot has announced that the outbreak of Covid-19 in China is having a material negative effect on Chinese consumption and in this context, the company’s sales and profitability are significantly impacted in the country, a key market for the group and to a lesser extent in the other regions, due to...

Feb 26, 2020

Management

SMCP posts sales growth, confirms outlook

In 2019, consolidated sales at SMCP, parent company of the Sandro, Maje and Claudie Pierlot brands, reached 1,131.9 million euros (1,245.7 million dollars), up 8.7 percent at constant currency and scope. The company said, reported sales were up 11.3 percent, including a positive currency impact of 1.3 percent and De Fursac’s contribution of 1.2...

Jan 29, 2020

Report

SMCP adjusts outlook amid sharp market decline in Hong Kong

SMCP, parent company of brands Sandro, Maje, Claudie Pierlot and De Fursac has announced an adjustment to its adjusted Ebitda margin objective for 2019 mainly due to the sharp market deterioration in Hong Kong triggered by a significant drop in traffic and temporary store closures over the past few weeks. The company said in a statement that...

Dec 9, 2019

Management

SMCP continues positive sales momentum in Q3

In the third quarter of 2019, consolidated sales at SMCP, parent company of the Sandro, Maje and Claudie Pierlot brands, reached 274.5 million euros (305 million dollars), up 9 percent at constant currency, while the company said, reported sales stood at 10.8 percent, including a positive currency impact of 1.1 percent and the 0.7 percent...

Oct 30, 2019

Management

SMCP's H1 turnover increases, confirms outlook

SMCP, the parent company behind French fashion labels Sandro, Maje and Claudie Pierlot posted net income of 20 million euros (22 million dollars) in the first half of 2019 against 27.4 million euros in H1 2018. Excluding one-off costs related to the refinancing, the company said, net income group share was almost stable at 27.8 million euros....

Sep 6, 2019

Report

SMCP appoints Nathalie Malavoy as HR and Sustainability Director

SMCP, parent company of the Sandro, Maje and Claudie Pierlot brands, has announced the appointment of Nathalie Malavoy as the group's Human Resources and Sustainability Director, also joining its executive committee. She replaces Jean-Baptiste Dacquin, who was recently appointed Chief Executing Officer of the Claudie Pierlot brand. The company...

Aug 2, 2019

Report

SMCP sales up 7.2 percent in first quarter of 2019

SMCP, the parent company of Sandro, Maje and Claudie Pierlot, has reported a 7.2 percent increase of consolidated sales at constant currency to 274.6 million euros for the first quarter of 2019, buoyed by strong results in the Asia-Pacific region. Sales in France were down by 3.9 percent to 96 million euros in the quarter, but were offset by...

Apr 29, 2019

Report

SMCP's net income and turnover jump in 2018

In 2018, consolidated sales at SMCP, the parent company of Sandro, Maje and Claudie Pierlot were 1,017.1 million euros (1,159.5 million dollars), up 13 percent at constant currency and in line with the upgraded full year guidance. Adjusted EBITDA increased by 11.6 percent to 171.5 million euros (195.4 million dollars), resulting in an adjusted...

Mar 21, 2019

Fashion

SMCP expands recruitment activities in Asia with FashionUnited

Since 1984, SMCP has been spreading Parisian chic across the world with three brands, Sandro, Maje and Claudie Pierlot. The brands are known for on-trend high-quality products with a short and reactive cycle from design to production. The leading global company wants to provide its clients with a superior personal shopping experience in premium...

Jan 11, 2019

Report

SMCP expands retail presence in Mexico, opens two new stores

SMCP, the parent company of Sandro, Maje and Claudie Pierlot opened doors to its first two free-standing stores in Mexico City for Sandro and Maje in the Artz Pedregal mall, through a partnership with Retail Fashion Group, a subsidiary of Grupo Sordo Madaleno. Commenting on these openings, Daniel Lalonde, SMCP’s Chief Executing Officer said: “I...

Nov 27, 2018

Retail

Maje opens Rockefeller Flagship

New York - SMCP, the parent company of Sandro, Maje, and Claude Pierlot, has opened a new flagship store in New York's famed Rockefeller Center. The boutique features a new design concept unique to the iconic location with pink onyx marble, Carrera marble, brass features and a real gold leaf wall perimeter. The opening of this exceptional store...

Oct 10, 2018

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