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Group Manager Group Compliance
Permanent · Stockholm
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Product Area Manager – Ecosystem Platform, Customer Domain
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Senior Communications And PR Manager to h&m Group Business Tech
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Accounting Business Expert With Sap Experience
Permanent · Stockholm
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Product Area Lead Engineer Within Circular Business Models - h&m Group
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Learning And Development Specialist to Business Tech HR
Permanent · Stockholm
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Business Analyst For The h&m Brand Customer Insights & Analytics Team
Permanent · Stockholm
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Content Editor – h&m Group Communications
Permanent · Stockholm
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Global HR Business Partner For h&m Customer Service
Permanent · Stockholm
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Tech Oriented HR Business Partner –h&m Group Business Tech
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Process And Learning Specialist Within Business Controlling to Assortment Support & Learning
Permanent · Stockholm
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Business Controller to h&m Expansion
Permanent · Stockholm
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Channel Planner E-Mail And Push – h&m’s Global Media Team
Permanent · Stockholm
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Head of Product Analytics – h&m Business Tech - Customer Domain
Permanent · Stockholm
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Production Manager to h&m’s Global Marketing & Communications Department
Permanent · Stockholm
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Commercial Advisor to h&m Group Business Tech
Permanent · Stockholm
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Global HR Business Partner For h&m Customer Service
Permanent · Borås
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Product Area Manager - Business Tech Checkout
Permanent · Stockholm
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Business Expert With Passion For Product Information to h&m Group Business Tech - Customer Domain
Permanent · Stockholm
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Software Engineer to The Network Management & Security Team Within Business Tech
Permanent · Stockholm
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Analytical Engineer to Business Tech, h&m Group
Permanent · Stockholm
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Technical Engineer to Monitoring & Insights Team, Business Tech h&m Group
Permanent · Stockholm
By
Reuters
Published
Oct 30, 2018
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North America drives increase in sales at Sandro-owner SMCP

By
Reuters
Published
Oct 30, 2018

SMCP, the company behind French fashion brands Sandro, Maje and Claudie Pierlot, posted a 14 percent rise in third-quarter sales, with the Americas overtaking Asia as its biggest driver of growth, and kept its forecasts for more growth.

Sales at constant currencies increased nearly 42 percent in the Americas against a favourable comparison base, while Asia grew 31 percent - Sandro


Sales rose to 247.7 million euros ($282 million), said SMCP, which is controlled by China’s Shandong Ruyi.

The group - which sits in the so-called “affordable luxury” retail segment with dresses fetching around 300 euros - has been expanding overseas by opening new stores, including in North America and Canada.

Sales at constant currencies increased nearly 42 percent in the Americas against a favourable comparison base, while Asia grew 31 percent, a slowdown from the near 48 percent notched up in the previous three months after a bumper start to the year.

SMCP CEO Daniel Lalonde said sales trends in China remained healthy, adding he had not seen any knock-on effects on consumer spending from a trade war between Washington and Beijing.

“We’ve just opened stores in our 25th city in this market and we’re in the process of building up our network and brand awareness,” Lalonde told journalists.

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