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France's SMCP strikes deal with Reliance to expand into India, ET Retail

Reliance: "There aren t a lot of accessible luxury fashion labels in India so we think it s time to be pioneering," said SMCP CEO Isabelle Guichot, citing India s wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires. ....

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SMCP Sales Down in Q3 Following Company Warnings – WWD

SMCP cited a slower than expected recovery in China and Canada dragged the French group down, after it lowered guidance in September. ....

United States , France General , Claudie Pierlot , Isabelle Guichot , Middle East ,

SMCP Group Shares Climb on Expectations of Saving Benefits

By Helena Smolak Shares of SMCP rose on Thursday after the company said it expects to reap benefits from a cost-saving plan in the fourth quarter, and. ....

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SMCP - Press Release - 2023 H1 Results

H1 2023 ResultsPress release - Paris, July 27th, 2023 Good sales performance driven by APAC and EuropeResilient profitability in a challenging environmentExtension of financing successfully secured . ....

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SMCP Q2 Boost Relies on China Recovery

Sales in the key market jumped 53 percent year-over-year, while Canada and France dragged. ....

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