Companies in the running to buy French brands Maje and Sandro

Consumer Goods and Life Sciences - 04/03/13

The French company SMCP (Sandro, Maje, Claudie Pierlot) announced in 2012 the release of the luxury brands, currently owned by Bernard Arnauld from L Capital (the private equity unit of LVMH), Florac and the company’s own management. In 2011, the company indicated a 40% growth, generating a turnover of 303 M€, and 350 M€ in 2012.

The list of potential bidders for SMCP continues to grow. According to the Financial Times, Chinese conglomerate Swire Resources has been shortlisted as a bidder for the French fashion brands. Swire Resources partakes in various industries, including fashion, real estate and even aviation. The Cathay Pacific owner, Swire Resources, already has a strong presence in the Chinese retail industry, especially in the sports footwear and lifestyle sector with international brands Arena, Champion, Chevignon, Columbia, Repetto and Rockport.
Amongst other companies in the running for the control of the fashion brands are French companies PAI Partners, Eurazeo and Wendel. The Galeries Lafayette group is also said to be interested as well as British investment firm CVC Capital Partner.
SMCP have confirmed that discussions have taken place but have not divulged a list of potential bidders yet.

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The Consumer Goods and Life Sciences Department The role of the Consumer Goods & Life Sciences Department of Business France is to act as a link between French Ready-to-Wear, Cosmetics, Home interiors and Life Sciences suppliers, and existing and potential customers. We have an extensive knowledge of the French industry, which we are happy to share. We can also act as a bridge by putting you in contact with companies in your areas of interest. In order to enable Irish companies to meet with French suppliers, we organise Trade Missions all year round in Ireland.  In 2015, Business France Ireland will organise a symposium related to Telehealth. Our event in 2014 - October 1st and 2nd, 2014: Medical Devices Meetings on MEDTECH Ireland, Galway Our events in 2013 - February 13th-14th, 2013: Exclusive partnership with a major department store, Dublin - February 17th-18th, 2013: French Corner on the Hardware/DIY Home Garden Show, Dublin - April 29th, 2013: Ex

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