Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

The Business of Fashion
Financial Markets

SMCP's Third-Quarter Sales Up 18 Percent

The published results were the Sandro-owner's first since the company listed on the stock market last month.
Sandro's Autumn/Winter 2017 campaign shot by Alasdair McLellan | Source: Sandro
By
  • Reuters

PARIS, France — French fashion group SMCP reported higher third-quarter sales on Wednesday, in its first set of published revenue figures since the company listed on the stock market last month.

SMCP, majority-owned by Chinese group Shandong Ruyi and whose brands include Sandro, Maje and Claudie Pierlot, said third-quarter sales had risen 17.7 percent to €218 million ($258.50 million). At constant currencies they rose 20 percent.

"The group's strong third-quarter performance confirms the growth prospects of Sandro, Maje and Claudie Pierlot," said SMCP chief executive Daniel Lalonde in a statement.

"We continue to implement our strategy based on pursuing organic growth, gaining market share in France and expanding internationally. On this first publication as a listed company, we confirm the 2017 financial objectives presented at the time of our initial public offering," he added.

By Sudip Kar-Gupta; editor: by Sarah White.

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

L Catterton: Finding Value in a Tough Market

Nikhil Thukral, managing partner at the LVMH-affiliated private equity fund, talks about the ingredients of winning companies, the dynamics challenging fashion's incumbents and how economic shifts are shaping investor strategies in the BoF-McKinsey State of Fashion 2025.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.

The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.

view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

Estée Lauder’s Surprise Acquisition, Explained

The American cosmetic giant’s buyout of Ayurvedic beauty line Forest Essentials came as a surprise. By picking an under-the-radar brand it knows well, the company can show that it’s still in the M&A game without needing to outbid rivals.

VIEW MORE

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.