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Fashion group SMCP: stresses value creation remains key, amid debt wranglings

PARIS, Oct 6 (Reuters) - French fashion company SMCP , whose brands include Sanro and Maje, stressed on Wednesday that value for its shareholders was key, as its majority shareholder Shandong Ruyi faces debt issues.

“Value creation for all of the Group’s stakeholders (shareholders, employees and other partners) is at the heart of the company’s strategy. SMCP and its teams remain fully committed to the implementation of the One Journey strategic plan to 2025,” it said in a statement.

Reporting by Sudip Kar-Gupta, Editing by Louise Heavens

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