PARIS – French fashion group SMCP ’s continued regional realignment, full-price strategy and brand upscaling drive delivered a 2.5 percent bump in organic third-quarter revenues to 294 million euros.

Much of that was driven by the U.S., where sales for parent of Sandro and Maje were up 10.5 percent.

“The positive momentum observed in the first semester was confirmed in the third quarter. I am particularly proud of our performance in America and EMEA, where growth remains very strong. In France, we continue to demonstrate solid resilience and outperform the rest of the market in a highly complex politico-economic environment,” SMCP chief executive officer Isabelle Guichot said in a statement.

“In Asia, while the network optimization in China continues to impact sales, our efforts

See Full Page