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 …
