The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
PARIS, France — French fashion company SMCP, whose brands include Sandro and Maje, posted higher sales and confirmed its full-year target for an increase in revenues and stable profit margins.
SMCP, which is majority-owned by Chinese retail group Shandong Ruyi, said its second-quarter sales rose 10 percent to 265.7 million euros ($295.86 million).
SMCP stuck to its 2019 financial targets of sales growth of between 9-11 percent at constant currency exchange rates, and a stable adjusted core earnings margin compared to 2018, excluding its recent acquisition of the De Fursac brand.
By Sudip Kar-Gupta; editor: Inti Landauro.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.