Message from Daniel Lalonde, the CEO
“Our results were strongly impacted by the Covid-19 pandemic. Nevertheless, we have implemented strong measures to mitigate the impacts of the crisis, reducing operational costs and investments, securing cash position and adjusting collections. The Group is well equipped to face this challenging period as its fundamentals remain solid: we benefit from a geographically well-balanced portfolio of international brands, a strong position in e-commerce and an agile organization. In H2, we will further pursue our Covid-19 action plan while continuing to deliver on our key priorities: enhance brands desirability, create one unified channel between e-commerce and physical stores to build a seamless and innovative experience for customers, and accelerate sustainable fashion. We will detail all of these actions during our Strategic update on October 27th.”
Q3 2020 Sales - October 27th, 2020
SMCP Euronext Paris
Full year sales
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