SMCP, the French fashion group that owns Sandro, Maje and Claudie Pierlot, saw net sales reach €422.1m (£346.1m) in 2013, as profits rose to €71m (£58m).
Turnover rose by 20.6% for the calendar year, with like-for-likes up 3.8% at a constant currency rate, while EBITDA climbed 17%. All of the business units grew as did all the regions the group – which was acquired by luxury group KKR in April 2013 – operates in “despite a high comparison basis in 2012”.
Within Europe, the UK was the strongest-performing territory, up 18.1% on a like-for-like basis, with Germany (13.9%) and Spain (7.6%) following. Sales in the US rose 5.4% despite the adverse weather conditions in spring and autumn of the year.
The business increased its points of sale by 169, reaching 714 at the year-end. Almost 70% of its openings took place outside France, including its first foray into Asia.
International sales contributed to 35.2% of total net sales, although this rises to more than 40% for Sandro Women and Maje.
He has joined the board alongside the four founders Evelyne Chétrite, Judith Milgrom, Frédéric Biousse and Elie Kouby.