The latest announcement is out from Cettire Ltd. ( (AU:CTT) ).
Cettire Limited, a global luxury online platform, is assessing the impact of recent changes to US tariffs on imports from the European Union, which could affect 41% of its gross sales related to EU-manufactured goods sold in the US. Although shipments below $800 remain duty-free, Cettire is evaluating the broader implications, as many luxury retailers might face price increases. The company has been preparing for potential tariff changes since 2024, focusing on a localization strategy to diversify its revenue base.
More about Cettire Ltd.
Launched in 2017, Cettire is a global online platform that offers a vast selection of luxury goods, including clothing, shoes, bags, and accessories from over 2,500 brands and 500,000 products. The company operates through its website, cettire.com, catering to the demand for personal luxury items.
YTD Price Performance: -46.36%
Average Trading Volume: 2,987,215
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$320.2M
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