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UK court halts transfer of shares at SMCP

A significant development has occurred in the SMCP case, the company overseeing Sandro, Maje, Claudie Pierlot and Fursac. The British High Court has invalidated the sale of a 15.9 percent stake in the French ready-to-wear company, initially sold to Dynamic Treasure Group, an entity linked to the founder of Shandong Ruyi, the former owner of...