Regarding Cettire, I am interested by your opinion about them entering the Chinese market. I am not so sure of what they could bring to this market, as they would compete directly with daigou, who are also positioned on their grey market. Anyway, that's not a major concern for me, as I see still a large opportunity for them globally, out of China.
On another topic, I am surprised that Cettire is doing so well versus what seem to be their most direct competitors (luxury distributors, including grey market operators like Baltini or Italist) Have you been able to identify some specific reasons ?
