
French firm SMCP, the company behind fashion brands Sandro, Maje and Claudie Pierlot, said on Tuesday that it had submitted documents to financial regulator AMF that open the way for a possible stock market listing.
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French firm SMCP, the company behind fashion brands Sandro, Maje and Claudie Pierlot, said on Tuesday that it had submitted documents to financial regulator AMF that open the way for a possible stock market listing.
US investment fund KKR is envisaging selling its share in the stock of the SMCP group (Sandro, Maje, Claudie Pierlot), and has reportedly received offers from the UK (Lion Capital) and China (Ruyi).
SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, has been put on the market in a deal expected to happen next year that could value it at more than 1 billion euros ($1.14 billion).
L Capital, sponsored by luxury group LVMH, acquired the stake in the premium Spanish label from Acturus Capital, the company which previously owned 100% of El Ganso.
According to the Le Figaro newspaper, the KKR investment fund, majority shareholder of SMCP (Sandro, Maje, Claudie Pierlot), is contemplating a stock exchange flotation for the French apparel group.
French clothing brand Sandro has announced Mica Arganaraz and Xavier Buestel as the faces of its Autumn/Winter 2015/2016 campaign, showing off a new video on social media.
The Maje, Sandro and Claudie Pierlot brand pool announced a 32% increase in its revenues, reaching €316 million in the first half of the 2015 FY, while EBITDA growth was even higher.
The Sandro, Maje and Claudie Pierlot (SMCP) brand pool has welcomed Philippe Gautier as the group's Chief Financial Officer and Director of Operations, and Paul Griffin as SMCP's CEO for North America.
Westfield London has revealed that it is making a multimillion investment in The Village, its luxury shopping area. New stores will include London's first Versus Versace.
Appointed president of the Sandro - Maje - Claudie Pierlot group in April 2014, Daniel Lalonde spoke with us about the current situation of the group’s brands and their development.