×
449
Fashion Jobs
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Begusarai
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Begusarai
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sukma
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Bihariganj
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Jehanabad
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sitamarhi
DIAMOND WHITE CEMENT PVT. LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Shimla
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Jharsuguda
RELIANCE RETAIL
Hiring Territory Sales Manager - Ajio Business - Mangalore
Permanent · Mangaluru
DEC0T0UCH PAINTS LIMITED
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Kushinagar
TATA AIG GENERAL INSURANCE COMPANY
Channel Sales Manager - Agency Health - Chennai & Rotn Locations
Permanent · Tiruchirappalli
DIAMOND WHITE CEMENT PRIVATE LIMITED.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Faridkot
DIAMOND WHITE CEMENT PVT.LTD
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Panchkula
DIAMOND WHITE CEMENT PVT. LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sonipat
DIAMOND WHITE CEMENT PVT. LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Mau
DIAMOND WHITE CEMENT PRIVATE LIMITED.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Jalandhar
DIAMOND WHITE CEMENT PRIVATE LIMITED.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Bela Pratapgarh
SOUTHERN SPINNERS AND PROCESSORS LIMITED (A UNIT OF J. K. FENNER (INDIA) LIMITED)
Production Manager
Permanent · Salem
TATA AIG GENERAL INSURANCE COMPANY
Area Sales Manager / Branch Manager - Agency Health - Chennai Location
Permanent · Chennai
DIAMOND WHITE CEMENT PRIVATE LIMITED.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sambhal
DIAMOND WHITE CEMENT P LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Rupnagar
DIAMOND WHITE CEMENT PVT. LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Prayagraj
Published
Sep 14, 2015
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

SMCP: stock exchange flotation next year?

Published
Sep 14, 2015

The French miracle exists… And it's called SMCP, the group featuring the Sandro, Maje, Claudie Pierlot brands on its team! When investment fund KKR acquired 65% of SMCP's capital in 2013, fashion professionals were surprised by the company's valuation, €650 million, eleven times its EBITDA at the time. 


A Sandro model - Sandro


And now, according to Le Figaro, only two years after becoming a shareholder, the fund is working towards the apparel company's stock exchange flotation. Two banks have been entrusted with the mandate, UBS and Merril Lynch. The flotation is likely to be scheduled for next March.
 
KKR is also notably among the potential purchasers of Gérard Datel, currently going into receivership. The Trade Court is expected to issue a ruling at the end of September. 

The financial figures reported by SMCP are indeed attractive, given how unsettled the fashion business is. The group has in fact announced a 32% increase (compared to last year) in its 2015 first-half financial year revenues, valued at €316 million, while EBITDA was also very much on the rise, growing more than revenue.

This performance, brought about by the expansion of the three brands and the evolution of a targeted international deployment, was supported by a strong like-for-like growth (+8.9% at constant exchange rates).

Internationally, all indicators are positive too. Across all geographical regions, the group recorded a 64.9% revenues growth, which turns into a 14.9% increase with number of shops held constant.

Also, the revenues share of international sales at the end of June grew to 48%, compared to 38% a year earlier. 

As of the end of June 2015, the SMCP stores network reached 1,039 outlets - of which 852 directly-owned and 187 in partnership, the three brands now being present in 34 countries.
 

Copyright © 2022 FashionNetwork.com All rights reserved.