Over the past month, Italian luxury brand Etro has opened four stores successively in Chengdu Sino-Ocean Taikoo Li, Chengdu SKP, Beijing DT51, and WS Mall Wuhan International Plaza, fully accelerating its expansion in the Chinese market.
In July 2021, L Catterton, a private equity investment company under the LVMH Group, acquired a controlling stake in Etro with 60% of the company’s shares.
Subsequently, Etro introduced new leaders to the management, operation, and creative design positions. Under the leadership of the new executive and creative team, Etro underwent a series of …