Ida Simonsen is the new president and CEO of North America for Smcp. The manager will succeed Paul Griffin who has decided to continue his career outside the group.
“We are thrilled to welcome Ida Simonsen to the SMCP family as president and CEO of North America. Ida’s dynamic leadership, extensive industry experience and passion for people make her perfect to lead our North American team. Simonsen has a proven track record of successfully managing transitions and driving growth. I am sure that he will be able to inspire our teams and help us reach new goals in the region”, underlined Isabelle Guichot, CEO of the Smcp Group, in a note.
Simonsen succeeds Paul Griffin
The Sandro, Maje, Claudie Pierlot and Fursac brands belong to Smcp.
“I am delighted to join SMCP, a key player in the affordable luxury market in North America. Smcp embodies unique craftsmanship, Parisian elegance and a modern vision of fashion. of fashion, values that resonate deeply with me. I look forward to collaborating with the talented teams across the group to continue to grow our brands and strengthen their presence in the North American market,” added Simonsen. She has served as president of the Americas for Stella McCartney for over 12 years. During his tenure, Simonsen led Stella McCartney through significant transitions, including a shareholder change from Kering to LVMH, and expanded the brand’s retail network in the Americas manager has held leadership positions at Marni.
Smcp is listed on the regulated Euronext market in Paris
Smcp’s sales in the first half of 2024 amounted to 585 million euros, down by -3.6 percent on an organic basis compared to sales in the same period of 2023 which stood at 610 million euros. Sandro and Maje reported growth in the first half of the year in all regions except China.
In the second quarter, sales stood at 298 million euros, down -2 percent on an organic basis compared to the same period in 2023, when they stood at 305 million euros.
