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.
Given the acquisition trail Farfetch has been on recently, it might seem like a no-brainer that the company would be interested in buying US-based Barneys. But it seems that it's not, despite a story to the contrary.