(CercleFinance.com) – SMCP publishes a turnover of 283 ME for the 1st quarter of 2022, an organic increase of 23.7% compared to the same period of the year a year earlier.
In organic terms, activity increased both in France (+22.7%) and in the Americas (+44.5%) and in EMEA (+72.9%). On the other hand, activity fell by 13.9% in the APAC zone, impacted by the new restrictions linked to the pandemic.
SMCP reports that all its brands are progressing: +25.9% for Sandro, +22.1% for Maje and +21% for the other brands (Claudie Pierlot and Fursac).
‘Overall, we successfully pursued our One Journey strategic plan, with initiatives to further increase the desirability of our brands, tailored openings in Europe and Asia, and continued and significant progress in our full price strategy’, commented Isabelle Guichot, Managing Director of SMCP.
“For the rest of the year, we are closely monitoring the health situation in APAC and we confirm our financial objectives on the condition that it improves fairly quickly,” she concludes.
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