SMCP H1 FY2023 Sales Increased by 8% to €610 Million with the Recovery of Chinese Market

7月 31, 2023

On July 27, SMCP, the French fashion group that owns Sandro, Maje, Claudie Pierlot and Fursac, announced its financial data for the first half of the 2023 fiscal year.
Despite a high base of comparison, sales in the first half of the fiscal year grew organically by 8% to 6.1 billion euros (an increase of 9% at constant exchange rates) compared to the same period last year due to a 5% increase in like-for-like and the help of network expansion. Among them, the overall sales in Q2 FY2023 increased by 8.7% at constant exchange rates to 305.3 million euros.
In addition, adjusted EBIT rose …