Business

SMCP targets returning to growth by 2026

SMCP, parent company of the Sandro, Maje and Claudie Pierlot and Fursac brands, reported first quarter sales at 287 million euros, down 5 percent on an organic basis. The company continued to optimise its store network with 11 net closings during the quarter, mainly in Asia to reach 1,719 points of sales worldwide. The company will close 100...

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Business

Hermès records strong Q1 growth

The Hermès Group’s consolidated revenue amounted to 3,805 million euros in the first quarter of 2024, up 17 percent at constant exchange and 13 percent at current exchange, driven by strong growth in all geographical areas. In the medium-term, despite the economic, geopolitical and monetary uncertainties around the world, the group confirms an...

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Fairs |Report

Kingpins Amsterdam through the eyes of three denim buyers

International denim sourcing fair Kingpins is a regular fixture for many denim professionals. So too for buyers from Butcher of Blue, Kuyichi and Jeans Centre. What are their reasons for visiting the Amsterdam edition, what sort of things do they hope to find at Kingpins and what have they already spotted at the fair? For all three buyers we...

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Fashion |In Pictures

David Koma launches new swimwear brand

London-based fashion designer David Koma has launched a new direct-to-consumer swimwear and lifestyle brand, Let’s Swim. Koma, known for his bold red carpet looks, said in a statement: “Let’s Swim has provided me with a platform to explore new interests, a concept that ties my love of travel to my work in fashion. I’ve always been intrigued by...

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