Editor
Ru, previously chief operating officer, replaces Jiang Qiong Er, who founded the Chinese luxury brand with Hermès in 2010 and served as its chief executive for 12 years. Jiang will stay on as a board member and start a new advisory role at Exor, the Agnelli family holding company that acquired a majority stake in Shang Xia in December 2020 for around €80 million. Its portfolio includes Christian Louboutin, Ferrari, Italian football club…
