SMCP shareholders vote for board reshuffle


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PARIS - The shareholders of fashion group SMCP on Friday voted to dismiss five board members associated with its former majority owner Shandong Ruyi, including board president Yafu Qiu and his daughter Chenran Qiu, and add three new independent members.

(Reporting by Mimosa Spencer, Dominique Vidalon; Editing by Kirsten Donovan)

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