SMCP


China
The China Edit | SMCP CEO Speaks, Alibaba Affiliate Raises $4.5Bn, Resilient Consumption
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

Financial Markets
Sandro, Maje Owner Files for an IPO in France
KKR & Co.’s French clothing retailer SMCP began the process for an initial public offering after doubling its sales over the past three years.

China
KKR Fashion Brands Said to Attract Bids From Lion Capital, Ruyi
SMCP, the KKR & Co.-backed owner of French fashion brands Sandro, Maje and Claudie Pierlot, has attracted bids from Lion Capital and Chinese textile producer Shandong Ruyi Group.

Workplace & Talent
Power Moves | Pandora Names CEO, Sandro's New MD, American Apparel Adds to Board, Caplice to Hudson’s Bay
BoF compiles the most important professional moves of the week.

News & Analysis
L Capital Reportedly in Talks to Take Stake in Bimba & Lola
L Capital, a private equity fund sponsored by LVMH, is reportedly in talks to invest in Spanish contemporary brand Bimba & Lola, according to Modaes.es, a Spanish fashion trade website.