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SMCP SA (SMCP.PA)

SMCP.PA on Paris Stock Exchange

15.91EUR
15 Feb 2019
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€0.38 (+2.43%)
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€15.53
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Mon, Jan 28 2019

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Sandro-owner SMCP eyes growth and investment in China

PARIS SMCP, the group behind fashion brands Sandro and Maje, will keep up investments in e-commerce and new stores in China this year and expects sales to grow strongly, countering a simmering Sino-U.S. trade war, the French company's CEO said.

UPDATE 1-Sandro-owner SMCP eyes growth and investment in China

* "Yellow vest" protests drag on French earnings (Recasts and writes through to focus on China comments, yellow vests impact in France)

North America drives increase in sales at Sandro-owner SMCP

PARIS, Oct 30 SMCP, the company behind French fashion brands Sandro, Maje and Claudie Pierlot, posted a 14 percent rise in third-quarter sales, with the Americas overtaking Asia as its biggest driver of growth, and kept its forecasts for more growth.

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