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
In the second quarter of 2018, consolidated sales at SMCP, the parent company of Sandro, Maje and Claudie Pierlot reached 241.3 million euros (281.7 million dollars), up 15.2 percent at constant currency. The company said, reported sales rose 12.9 percent, including a negative currency impact of 2.3 percent, like-for-like sales, however, grew...
Aug 1, 2018
Earlier this week, FashionUnited reported that SMCP, the owner of Sandro, Maje and Claudie Pierlot, would be launching an IPO in Paris. Now, a source close to the brand has reported that the the IPO could be worth more than 2 billion euros, or 2.4 billion dollars. The news first broke on Business of Fashion. The valuation could be 13 to 16 times...
Sep 21, 2017
A new generation of fashion chains has emerged in France: innovative brands that have grown explosively in a short span of time, dominating the mid- to high price segment. Sandro and Maje are two such brands in the accessible luxury segment, which together with Claudie Pierlot have formed the SMCP Group in 2009. Since then, its revenue has been...
Oct 19, 2016
After more than six months of speculations and failed buyout opportunities, KKR the venture capital group owning the French fashion conglomerate SMCP, has decided it´s about time to go public. But, why now? FashionUnited explores the reasons behind the company’s float. Investment fund KKR, which owns 69.7 percent of the SMCP group – parent...
Mar 30, 2016
SMCP, the parent company behind fashion luxury retailers Sandro, Maje and Claudie Pierlot has taken the first steps for a potential initial public offering (IPO). The company has filed a registration document with the French stock market regulator, the AMF, beginning the process for a possible IPO. "We are happy to register today our document de...
Mar 8, 2016
Private equity firm KKR has reportedly entered into exclusive talks to buy a majority share of French clothing brands Maje, Sandro and Claudie Pierlot, which are partially owned by LVMH chief executive Bernard Arnault. In January, the three brands were put up for auction to replace the two shareholders funds SMCP, L Capital (LVMH) and Florac,...
Apr 2, 2013
