Skip to content
Upgrade to Intel
Subscribe and gain unlimited access to exclusive features and content

SMCP Q1 sales slip 5.8% on Asia downturn

SMCP, the parent company of Maje and Sandro, has announced its performance for the first quarter of 2024. Sales decreased 5.8% YoY to $318.15 million (€287 million). Regionally, sales in the Asia-Pacific market fell 15.7% to $65.38 million (€57.3 million), while the Americas market saw growth of 8.9%. Sales in Europe, the Middle East, and Africa increased by 0.99 percent to $99.67 million (€89.4 million)). By brand, Sandro’s sales dropped 3.8% YoY to $15.93 million (€14.04 million), Maje’s by 4.3% to $12.35 million (€10.89 million), and other brands by 16.2% to $4.24 million (€3.75 million).

Get more news based on your interests