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SMCP 2Q16: Impressive sales and EBITDA growth, again
​French apparel retailer SMCP (Sandro, Maje and Claudie Pierlot brands) released another set of outstanding results in 2Q16, in line with the previous quarter and the remarkable 2015 fiscal year. The "affordable luxury" segment in which the group operates is highly fragmented and supported by structural market factors that tend to increase the addressable customer base for accessible luxury
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