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Cettire

Cettire
TypePublic
ASX: CTT
IndustryE-commerce
Founded2017
HeadquartersMelbourne, Australia
Key people
Dean Mintz, founder and CEO
ProductsWomen's fashion, men's fashion, jewellery and accessories
Websitecettire.com

Cettire is an Australian-owned, online luxury fashion retail platform selling clothing, shoes and accessories from over 1300 international high-end fashion brands.[1][2][3]

History

Founded in 2017 by Dean Mintz, Cettire was created by Ark Technologies, an incubator with a focus on developing technological innovation.[4][5]

In December 2020, Cettire (CTT) listed on the Australian Securities Exchange (ASX) with a valuation of $190 million.[6][7] The company raised $65 million at 50c per share via an initial public offering.[8][9]

Cettire launched in China in June 2024.[10]

See also

References

  1. ^ Ong, Thuy (2021-09-28). "Top-Performing Global Luxury Stock Seen Cooling After 680% Gain". Bloomberg. Archived from the original on 2022-02-10. Retrieved 2022-02-10.
  2. ^ Harrison, Tristan (2021-09-17). "Cettire (ASX:CTT) share price leaps another 14%, up 66% in a month. Here's why". The Motley Fool. Archived from the original on 2021-09-18. Retrieved 2022-02-10.
  3. ^ Thompson, Sarah; Macdonald, Anthony; Boyd, Tim (2020-11-02). "Luxury goods, luxury multiple for newbie Cettire". Australian Financial Review. Archived from the original on 2020-11-03. Retrieved 2022-02-10.
  4. ^ "Cettire Annual Report 2021". cdn-api.markitdigital.com. 2021-08-31. p. 12. Archived from the original on 2022-02-10. Retrieved 2022-02-10.
  5. ^ Mitchell, Sue; LaFrenz, Carrie (2021-06-12). "Cettire shares soar despite working in a 'cloud of mystery'". Australian Financial Review. Archived from the original on 2021-06-11. Retrieved 2022-02-10.
  6. ^ "Cettire Initial Public Offering". cdn-api.markitdigital.com. 2020-12-17. Archived from the original on 2022-02-10. Retrieved 2022-02-10.
  7. ^ Blake, Dean (2020-12-18). "Australian luxury retailer Cettire valued at $190.6 million on ASX debut". Inside Retail. Archived from the original on 2021-03-06. Retrieved 2022-02-10.
  8. ^ Goerling, Samantha (2020-12-18). "Cettire (ASX:CTT) lists on ASX after $65M IPO". The Market Herald. Archived from the original on 2020-12-18. Retrieved 2022-02-10.
  9. ^ Thompson, Sarah; Macdonald, Anthony; Boyd, Tim (2020-11-22). "Online retailer Cettire sets IPO at 2.2x net sales". Australian Financial Review. Archived from the original on 2020-11-22. Retrieved 2022-02-10.
  10. ^ Ignacio, Celene (2024-06-24). "Cettire confirms launch in China, forecasts higher sales". Inside Retail Australia. Retrieved 2024-07-09.

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