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Behind Etro Soho's Delay

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The Shophound has nothing but praise for the new Etro store, which opened in Soho yesterday after three years of anticipation. "Officially, we were told that the Etro family, which still controls the company, couldn't think of the proper concept for the space, and, since they owned the property outright, they simply sat on it until they figured out what they wanted to do. Ah the dream of owning rather than renting! Though we tend to suspect they were also waiting for the luxury retail market to perk up, this story seems plausible enough to us, and now that the store is open we can report that it was worth the wait." [The Shophound]