After specialising in luxury, the pre-owned fashion e-tailer is re-focusing on affordable luxury brands, while adapting its purchasing options and commissions to the mid-market segment, and eyeing global expansion.
SMCP has named Elina Kousourna as the new CEO of its recently acquired menswear brand De Fursac and promoted Flavien d'Audiffret to the executive's former role as the group's strategy, digital and development director.
The app designed to inform customers about the environmental and social commitments made by fashion brands is soon to launch on app stores. Formerly called Clothparency, it has now settled on the name Clear Fashion.
French fashion retail giant SMCP reported Q1 sales up 9% on Monday with a 7.2% currency-neutral rise showing that it has enjoyed “another resilient quarter despite a challenging environment in France.”
France’s buoyant SMCP, the owner of the Sandro, Maje and Claudie Pierlot brands, on Tuesday announced a new partnership with China’s JD.com and will expand its online presence in the world’s key luxury growth market.