Cettire Ltd. operates as an online luxury goods retailer. The company is headquartered in Melbourne, Victoria. The firm offers a selection of in-demand personal luxury goods through its Website. The company has access to a catalog of approximately 1,700 luxury brands and 200,000 products of clothing, shoes, bags, and accessories. The firm offers a range of women’s and men’s wear from brands, such as Alexander McQueen, Balenciaga, Bottega Veneta, Christian Louboutin, Dolce & Gabbana, Fendi, Gucci, Off-White, Prada, Saint Laurent and Valentino. The company offers various clothing products, including coats, dresses, jackets, jeans, jumpsuits, knitwear, pants, shorts, skirts, polo shirts, sweaters and shirts. The company also offers various shoes products, including boots, flat shoes, lace-up shoes, pumps, sandals and sneakers. The company offers bags, such as backpacks, clutch bags, crossbody and messenger bags, tote bags, laptop bags and others. The company offers accessories, including belts, clothing patches, gloves, hats, scarves, wallets and sunglasses.
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Here are the latest articles on Cettire (ASX: CTT)
Cettire shares plummet on trading update, hopes website launch in China can combat local sales decline
June 24, 2024
Softer trading conditions proved detrimental for online luxury goods retailer Cettire (ASX: CTT), impacting its financial performance in the quarter. To combat the decline, the Company has expanded its base, officially launching its direct platform in mainland China which went live yesterday and has already processed orders. This marks a big step in its strategic
Cettire plans China entry after reporting strongest half year result
February 7, 2024
Luxury retail platform Cettire (ASX: CTT) is coming off a pretty successful first half FY24—a remarkable feat at a time when luxury spending has taken a backseat. The Company saw a major uptick in gross revenue, reaching $460.5 million, a 90% increase compared to the previous corresponding period. Sales revenue also soared to $354.3 million,
Cettire sales show luxury goods to be inflation-proof as sales sparkle through April
May 16, 2023
Is there any industry that still thrives amidst the pandemic, mortgage pressures, inflation and rising cost of living? While setbacks and economic downturns affected almost all business areas during the pandemic, the luxury goods market has oddly been inflation-proof, being one of the fastest industries to bounce back in 2021 to pre-COVID-19 heights as the
Cettire signs lucrative deal with Italian luxury house Zegna to sell its products
December 15, 2022
For 12 months, eCommerce store Cettire (ASX: CTT) has been scrutinised and watched like a hawk as its CEO Dean Mitz cashed out his shares in the Company consistently—first in March, then just last month. Besides that, seeing the rocky year that eCommerce has had, Cettire also dealt with financial setbacks. Now, it is bouncing
Cettire founder cashes out another $41 million as shares dive on sell-down
November 18, 2022
A CEO is the ultimate “inside man” of a company, no one knows the business better than they do. However, when they have started to sell a huge chunk of their shares every few months, is there a clearer telltale sign that the company has fallen from grace? Luxury goods retailer Cettire (ASX: CTT) confirmed
Revenue up; profit down for luxury retailer Cettire as it eyes global expansion
August 30, 2022
Since February 2022, online luxury retailer Cettire (ASX: CTT) has seen its share price plummet from $2.13 to only $0.88 as of August 30. However, a baffling discrepancy followed as the Company released its financial report, announcing a gross revenue growth of 131% to $287.8 million. All this while, profit fell about 7.5% to $19.06
Cettire founder cashes out $47m as boom stock comes back down to earth
March 24, 2022
If shareholder confidence is a sign of things to come, rocky waters may be ahead for luxury goods retailer Cettire (ASX: CTT) after its Founder and CEO cashed out $47.25 million of his shares with a pretty good idea of how their financial results for the year are going to look. Keen investors have been
Luxury online retailer Cettire to jump on multi billion opportunity entering Chinese market
February 7, 2022
Despite living in track pants for the majority of the last few years, the retail fashion industry is very much thriving. Now that we have dusted off the proverbial cobwebs from the nicer side of our wardrobes, global luxury online retailer Cettire (ASX:CTT) is expanding. With Mainland China set to become the world’s largest market
Aussies buying luxury goods online in droves as Cettire orders triple
November 18, 2021
Prada, Armani, Fendi and Michael Kors – You don’t need to be strolling down streets of Milan or even finding parking space at Chadstone for a chance to show off fancy designer handbags or shoes. All you need to do is click a few buttons and arrive at Cettire (ASX: CTT) which is that thousands
Luxury online retailer Cettire set to follow suit with December IPO
December 8, 2020
Luxury fashion retailer, Cettire Limited (proposed ASX: CTT), are set to join the likes of Booktopia and MyDeal, expecting to list on the exchange later this month after what has been a growth period for many exclusive online retailers this year. Cettire is a global brand which sells luxury personal items such as clothing, shoes,
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