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Cettire Assesses Impact of US Tariff Amendments on Luxury Imports
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Cettire Assesses Impact of US Tariff Amendments on Luxury Imports

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Cettire Ltd. ( (AU:CTT) ) has shared an announcement.

Cettire Limited is currently evaluating the impact of recent amendments to US tariffs on imports from Canada, Mexico, and China. Despite having no supplier agreements in these countries, the impacted items constituted about 7.5% of its US sales, translating to roughly 4% of its total gross sales in FY24. Cettire has been proactively strategizing to mitigate potential impacts of these tariff changes and continues to monitor the situation closely.

More about Cettire Ltd.

Launched in 2017, Cettire is a global online platform specializing in personal luxury goods. The company offers a wide range of clothing, shoes, bags, and accessories from over 2,500 luxury brands and 500,000 products through its website.

YTD Price Performance: -3.97%

Average Trading Volume: 2,439,258

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$552.8M

For a thorough assessment of CTT stock, go to TipRanks’ Stock Analysis page.

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