An IPO would help expansion plans for Sandro and Maje

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26 July 2017 à 12h04

Updated on 10 May 2019 à 17h43

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1 minute

Publication: 26 July 2017 à 12h04, Updated on 10 May 2019 à 17h43

Reading time: 1 minute

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Publication

26 July 2017 à 12h04

Updated on 10 May 2019 à 17h43

Reading time

1 minute

Publication: 26 July 2017 à 12h04, Updated on 10 May 2019 à 17h43

Reading time: 1 minute

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Explore the mind Retail subscription

The accessible luxury firm SMCP (Sandro, Maje and Claudie Pierlot)founded by Evelyne Chétrite and Judith Milgrom, considers a public listing of its shares on Euronext Paris. So far, its majority shareholder is the Chinese textile firm Shandong Ruyi with KKR as a minority owner. It is unclear whether KKR would keep its stake or not. In 2016, SMCP’s €786-million sales grew by 16.4% and the firm aims to keep spreading Parisian chic around the world. In three years, SMCP almost doubled its...

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