Gide has advised luxury French fashion house SMCP (Sandro, Maje, Claudie Pierlot and Sandro Men) on its acquisition of 100% of the share capital in Hong Kong company AZ Retail Limited, a member of Rue Madame Fashion Group.
With this transaction SMCP reinforces its retail network in Asia where the group already operates 11 points of sales in Mainland China and will open soon its first point of sales in Singapore.
The Gide team advising SMCP was led by Hong Kong partner Gilles Cardonnel who was assisted by associate Gallien Lefevre.
The seller was represented by Hong Kong based partner Maëva Slotine of Ginestié Magellan Paley-Vincent, assisted by local law firm Oldham, Li and Nie.