×
188
Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Sep 20, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

French fashion group SMCP moves step closer towards IPO

By
Reuters
Published
Sep 20, 2017

SMCP, the French fashion group behind brands such as Sandro, Maje and Claudie Pierlot, moved a step closer towards its stock market listing after filing its intentions for an initial public offering with French authorities.


Sandro Paris


SMCP said on Monday that it had filed its registration document with France’s AMF markets watchdog - a formal step towards its planned IPO.

SMCP, majority owned by China’s Shandong Ruyi, also reported higher 2017 first-half sales and earnings. Shandong Ruyi will keep a stake of around 51 percent following SMCP’s stock market listing.

It reported a 20 percent rise in earnings before interest, tax, depreciation and amortisation (EBITDA) to 73 million euros ($87 million) on sales up 16 percent at 439 million euros.

“We are pleased to announce the filing of our registration document with the AMF, which represents the first step of our initial public offering project,” SMCP Chief Executive Daniel Lalonde said.

“Our H1 2017 results show a strong increase in our net sales and EBITDA. This success confirms the relevance of our business model and strategy that aims to pursue organic growth, expand our network in our key markets, accelerate on digital, menswear and accessories,” he said.

Sandro, Maje and Claudie Pierlot sell dresses priced at around 200 euros in France and operate in what is classified as the accessible luxury market.

Buoyant demand among fast-growing middle classes, particularly in countries such as China, has boosted this segment.

In August, sources familiar with the matter said that Bank of America Merrill Lynch, JP Morgan and KKR Capital Markets had been chosen as joint global coordinators for SMCP’s flotation.
 

© Thomson Reuters 2022 All rights reserved.