SMCP Q3 Sales Fall 2% as France Slows
3 hours ago · WWD - Business of Fashion
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WWD - Business of Fashion
⚡ B-SPARK TAKE
SMCP's reliance on its home market remains a vulnerability; even global growth can't mask the impact of local retail headwinds and climate-driven consumer shifts.
SMCP's reliance on its home market remains a vulnerability; even global growth can't mask the impact of local retail headwinds and climate-driven consumer shifts.
SMCP reported a 2% decline in Q3 sales, as growth in the Americas and Europe was offset by a downturn in the French market, attributed to extreme summer heat and challenges within department stores.
Source: WWD – Business of Fashion — Read full article →
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