De Fursac news and archive

Positive growth across markets drive Q1 sales at SMCP

French fashion group SMCP, the parent of Sadro, Maje, and Claudie Pierlo, has reported sales at 305 million euros in the first quarter, up 8 percent at constant exchange and 7 percent on an organic basis versus 2022 driven by like-for-like growth. Commenting on the results, Isabelle Guichot, CEO of SMCP, stated: “We are particularly pleased with...

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SMCP posts record Q4 sales as FY profits more than double

Premium fashion group SMCP saw its profits more than double in its most recent full-year results following a strong fourth quarter as deep-pocketed shoppers remained resilient despite rising inflation. The French group, which owns brands Sandro, Maje, Claudie Pierlot, and Fursac, reported sales of 332 million euros in the fourth quarter, up 5.9...

Business

SMCP reports organic revenue increase of 9.4 percent

SMCP, parent company of Sadro, Maje, Claudie Pierlot and De Fursac recorded third quarter sales at 308 million euros, up 9.4 percent on an organic basis and 13.5 percent on a reported basis versus 2021. Over the first nine months, the group recorded 874 million euros of sales, up 17 percent on an organic basis and 20.5 percent on a reported...

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SMCP Q4 sales reach pre-Covid levels

Premium fashion group SMCP continues to recover from the pandemic as its fourth-quarter sales returned to 2019 levels and its full-year sales exceeded 1 billion euros. The French group, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, reported Q4 sales of 313.5 million euros, a 22.1 percent increase from a year...

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SMCP sales near pre-Covid levels in third quarter

French premium fashion group SMCP has reported an uptick in Q3 sales compared to a year earlier as they neared pre-Covid levels. The group, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, reported sales of 271.7 million euros in the third quarter, an 8.4 percent increase on an organic basis compared to 2020 levels,...

RetailFeatured

Fursac to open Marylebone High Street boutique

French menswear brand Fursac has secured a 2,090 square foot store at 12 Marylebone High Street, after signing a retail deal with Howard de Walden Estate. The opening will mark the French brand’s second store in London and will stock the brand’s entire range, from formal tailoring to urban casualwear. Fursac’s other store is located on King’s...

BusinessFeatured

SMCP ‘cautiously optimistic’ as sales continue to improve

French fashion group SMCP has reported soaring revenue in the second quarter of the year as it narrows in on 2019 sales levels. The group, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, reported sales of 229.4 million euros in Q2, an increase of 59.1 percent on a reported basis and 61.1 percent on an organic basis...

BusinessFeatured

Lockdown measures in Europe and Canada impact SMCP's Q1 results

In the first quarter of 2021, consolidated sales at SMCP, parent company of Sandro, Maje, Claudie Pierlot and De Fursac reached 223.9 million euros, down 0.6 percent on an organic basis. The company said, reported sales were down 2.1 percent, including a negative currency impact of 1.5 percent. Over the quarter, the group generated digital sales...

BusinessFeatured

SMCP swings to full-year loss, remains upbeat on China recovery

French premium fashion group SMCP swung to a full-year loss in 2020 as its operations were impacted by the pandemic, but it remained upbeat on its recovery in China and strong digital sales. The group, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, reported a net loss of 102.2 million euros for the year, compared to...

People

De Fursac appoints Gauthier Borsarello as creative director

Contemporary French menswear label De Fursac has named Gauthier Borsarello as its new brand creative director, effective immediately. The appointment the French brand states “marks the start of a new chapter” for the French tailor with Borsarello selected for his expertise in vintage clothing, as the label looks to increase its international...

People

SMCP names new group chief financial officer

French premium fashion group SMCP, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, has announced the appointment of Patricia Huyghues Despointes as group chief financial officer. Despointes joins from luxury label Givenchy where she’s been chief financial officer since joining in 2016. Prior to that, she spent 15...

Retail

De Fursac opens boutique in London

Contemporary French menswear label De Fursac has opened its first boutique outside of France in London. The 860 square foot boutique in Chelsea, London will be home to the label’s tailoring, urban casual and eveningwear collections. Commenting on the opening, Alix Le Naour, artistic director of De Fursac, said in a statement: “I’ve always been...