×
1 290
Fashion Jobs
V. F. CORPORATION
Key Account Manager
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots Bath - 28 Hours - Permanent
Permanent · Bath
CONVERSE
Strategic Account Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Covent Garden, London - 20 Hours - Permanent
Permanent · London
SHISEIDO
National Account Manager
Permanent · London
TIMBERLAND
Credit Controller - French Speaking - Timberland
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
BRAND STABLE LTD
Wholesale Sales Executive
Permanent · LONDON
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
Advertisements
Published
Oct 17, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Shandong Ruyi Group finalizes purchase of SMCP

Published
Oct 17, 2016

After signing the majority shareholding agreement this March, the Chinese Shandong Ruyi Group is now officially the largest shareholder of French company SMCP. The acquisition was finalized last week on October 11.

Campagne automne-hiver 16/17 - Sandro


The French brands Sandro, Maje and Claudie Pierlot are now officially part of the Chinese textile group’s portfolio, adding a new dimension to its business activity. The size of the group's stake was not announced, but is estimated to be at 80% in SMCP. The funds selling the French clothing company, the American fund KKR, still retains 10%, as do the founding executives, Evelyne Chétrite, Judith Milgrom and current management.

Established in 1972, Shandong Ruyi Group claims to be one of the hundred largest Chinese multinationals. Today its portfolio includes all aspects of the textile business, from materials to manufacturing to apparel manufacture and brand distribution. Ruyi reports it operates 3,000 stores in the Asia Pacific region. The group has now added the three SMCP international brands, all based in Paris, which is on track to surpass 700 million euros in sales.

This acquisition closed on October 11 is estimated to give SMCP a value of nearly 1.3 billion euros.

Copyright © 2021 FashionNetwork.com All rights reserved.