SMCP Shares Close at 21 Euros on First Day of Trade
One year ago - By WWD
PARIS - Shares in SMCP, the owner of French contemporary brands Sandro, Maje and Claudie Pierlot, ended their first day of trading on the Paris stock market at 21 euros a share, down 4.5 percent.
The founder and artistic director of Sandro's men's wear line Ilan Chétrite; Sandro founder and artistic director Evelyne Chétrite; her sister, the founder and artistic director of Maje Judith Milgrom, and SMCP chief executive officer Daniel Lalonde participated in the opening bell ceremony Friday.
The listing is the second largest listing on the Paris stock market this year.
The company, which is...
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