Three exceptional Brands
generate €1bn in
sales in 2018

“Our H1 2019 results are in line with our expectations, with a solid performance in international regions and particularly in APAC. Despite challenging market conditions, SMCP’s business model once again demonstrated its resilience while our full price focus strategy bore fruits, enabling the Group to deliver a sustain high gross margin. Over the first half we also initiated the process of acquiring De Fursac, a French leader in men’s accessible luxury, which is soon to be completed. Over the second semester we will remain fully committed to pursuing our key priorities for 2019 and to achieving our full-year financial targets.”

• H1 2019 results, in ligne with expectations