SMCP Archives - Inside Retail Asia
Chinese textile and retail investment company Shandong Ruyi has bought the US-based Lycra business for an undisclosed sum.
The parent of affordable luxury fashion labels Sandro, Claudie Pierlot and Maje appears unphased by the Sino-US trade spat.
Affordable luxury fashion group SMCP has cited Asia as one of the reasons for double-digit growth across all its brands in the first half year.
SMCP China has opened its 100th physical store on the mainland, the Maje, in Beijing’s Chaoyang Joy City mall.
Global expansion, including Asia, has helped bolster third-quarter sales for Paris-based SMCP.
France-based SMCP Group sales soar, reflecting strength of affordable luxury category.
French fashion brand group SMCP plans to pursue its international expansion, particularly in China.
It’s official: Alibaba is now the world’s largest retailer.
Subject to regulatory approvals, Chinese apparel manufacturer Shandong Ruyi Technology Group has acquired Paris fashion brand parent SMCP.
A plan by Chinese textile group Shandong Ruyi to take over French fashion group SMCP is apparently going ahead.
A Chinese plan to buy out French fashion label owner SMCP has collapsed.
French fashion brand owner SMCP has attracted takeover bids from Lion Capital and Chinese textile producer Shandong Ruyi Group, according to reports in Hong Kong.