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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...

24 Mar 2021