BusinessMember
SMCP shareholder dispute resolved: 15.5 percent stake returned after legal battle
Paris, August 11, 2025 – The textile group SMCP (Sandro, Maje, Claudie Pierlot and De Fursac) can finally breathe a sigh of relief. The 15.5 percent of its capital illegally transferred in 2021 to a company based in the British Virgin Islands by its defaulting Chinese shareholder has been returned to the Luxembourg holding company that owned it....
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Fashion
Resort 26 handbag trends: Sack totes, croissant shapes and more
The handbag trends that emerge during the Resort season often forecast what’s to come for Spring/Summer. For buyers and fashion editors, this is critical insight. Accessories, particularly handbags, frequently generate more revenue for brands than any other category. With higher profit margins than apparel and broader customer appeal, handbags...
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