Etam Développement Company Description
Etam Développement packs a one, two, three punch. The company designs and sells lingerie and women's clothing through its Etam and 1.2.3 chains. The French retailer operates more than 3,400 stores in some 40 countries worldwide, including about 665 shops in its home country, as well as elsewhere in Europe, the Middle East, and China. Though Etam has been expanding internationally -- especially in China where it operates more than 2,300 stores -- two-thirds of its sales still come from France. After disappointing holiday 2004 sales in the UK, the company sold its UK subsidiary, Etam Plc, to the Arcadia Group in 2005. The sale included its Tammy chain of stores for teens.
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The Company Description provides a historical perspective of Etam Développement's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Etam Développement's evolution in the marketplace.
