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SMCP SMCP SA

2.415
-0.005 (-0.21%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SMCP SA EU:SMCP Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -0.21% 2.415 2.40 2.52 2.465 2.365 2.425 120,908 16:40:00

SMCP Shares Jump After Entry Into Indian Market

30/11/2023 9:09am

Dow Jones News


SMCP (EU:SMCP)
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From Nov 2023 to May 2024

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By Pierre Bertrand

 

SMCP shares jumped higher Thursday after the French fashion company said it had entered the Indian market.

At 0830 GMT shares traded 1.2% higher at EUR3.67, losing much of the ground gained in early trading when shares had risen as high as 7.4%.

The owner of Sandro, Maje, Claudie Pierlot and Fursac brands said that it has partnered with Reliance Brands Limited in the country and that Reliance has become the exclusive distributor for Sandro and Maje in India.

SMPC said that Sandro and Maje will open their first stores in the country in 2024.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

November 30, 2023 03:54 ET (08:54 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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