Board of Directors: Appointments to the Audit Committee and the Nomination and Compensation Committee
January 19, 2022 at 01:25 pm EST
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Press release - Paris, January 19t h , 2022
Board of Directors: Appointments to the Audit Committee and the
Nomination and Compensation Committee
The composition of SMCP's Executive Committee, led by Isabelle Guichot,
Chief Executive Officer, remains unchanged
The Board of Directors of SMCP S.A. met today and announced the appointment of Christophe Chenut to the Nomination and Compensation Committee and Xavier Veret to the Audit Committee, replacing Chenran Qiu and Xiao Su, respectively.
These appointments follow the Board of Directors meeting of January 17, 2022, which appointed Christophe Cuvillier as Chairman of the Board of Directors.
As a reminder, the functions of Chairman of the Board of Directors and Chief Executive Officer are separated at SMCP. Isabelle Guichot, as Chief Executive Officer since August 2, 2021, is in charge of the Group's operational management.
The Board of Directors, thus reorganized, is composed as follows:
Mr. Christophe Cuvillier - Chairman & Independent Director
Ms. Isabelle Guichot - CEO SMCP
Ms. Evelyne Chetrite - Deputy General Manager SMCP
Ms. Judith Milgrom - Deputy General Manager SMCP
Mr. Christophe Chenut - Independent Director
Ms. Natalia Nicolaidis - Independent Director
Ms. Orla Noonan - Independent Director
Mr. Xavier Veret - Independent Director
Mr. Xiao Wang - Independent Director
Mr. Dajun Yang - Independent Director
Ms. Lauren Cohen - Director representing employees
Ms. Marina Dithurbide - Director representing employees
Mr. Ilan Chetrite - Observer & Deputy General Manager SMCP
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The Audit Committee, thus reorganized, is composed as follows:
Ms. Orla Noonan - Chairman
Mr. Xavier Veret
Mr. Dajun Yang
The Nomination and Compensation Committee, thus reorganized, is composed as follows:
Mr. Christophe Cuvillier - Chairman
Ms. Evelyne Chetrite
Mr. Christophe Chenut
Mr. Xiao Wang
ABOUT SMCP
SMCP is a global leader in the accessible luxury market with four unique Parisian brands: Sandro, Maje, Claudie Pierlot and Fursac. Present in 43 countries, the Group comprises a network of over 1,600 stores globally and a strong digital presence in all its key markets. Evelyne Chetrite and Judith Milgrom founded Sandro and Maje in Paris, in 1984 and 1998 respectively, and continue to provide creative direction for the brands. Claudie Pierlot and Fursac were respectively acquired by SMCP in 2009 and 2019. SMCP is listed on the Euronext Paris regulated market (compartment A, ISIN Code FR0013214145, ticker: SMCP).
CONTACTS
INVESTORS/PRESS
SMCP
BRUNSWICK
Mathilde Magnan
Hugues Boëton +33 (0) 6 79 99 27 15
+33 (0) 1 55 80 51 00
Tristan Roquet Montegon +33 (0) 6 37 00 52 57
mathilde.magnan@smcp.com
smcp@brunswickgroup.com
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Disclaimer
SMCP SA published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 18:24:00 UTC.
SMCP S.A specializes in the design and marketing of men and women's luxury clothing and accessories. The products are sold under Sandro (48.3% of net sales), Maje (38.7%), Claudie Pierlot and Fursac (13%). Net sales break down by activity as follows:
- sales in company-owned stores (30.8%);
- sales in department store corners (29.8%);
- online sales (16.6%);
- sales in outlet stores (12.2%);
- sales to local partners (8.3%);
- sales to affiliated stores (2.3%).
Products are fabricated by subcontractors.
At the end of 2022, the products were marketed through a network of 1,683 stores worldwide (including 1,280 company-owned stores) and via the Internet.
Net sales are distributed geographically as follows: France (34.3%), Europe/Middle East/Africa (31.3%), Asia/Pacific (19.2%) and Americas (15.2%).
SMCP S.A 
