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SMCP secures victory in Singapore over share dispute

A Singapore High Court has ruled for a shareholder of SMCP to return its stake in the French luxury group to its majority owners. Dynamic Treasure Group Ltd (DTG) has been ordered to return its 15.5 percent stake in SMCP to European TopSoho (ETS), which had defaulted on its bonds in 2021, passing the majority shareholding to a consortium of...

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SMCP names new president and CEO of North America

SMCP Group, the Parisian retail group that includes Sandro, Maje, Claudie Pierlot and Fursac, has named Ida Simonsen president and chief executive of SMCP North America. Simonsen joins from Stella McCartney, where she has served as president of the Americas for over 12 years, playing a crucial role in expanding the British brand’s retail and...

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