Surge in Cettire sales fails to win over investors
Jonathan ShapiroSenior reporter
ASX-listed online fashion retailer Cettire’s surprise release of strong third-quarter sales growth failed to spark a market rally.
Brokers and traders had anticipated that the divisive luxury e-commerce group would release a quarterly sales update in early May but before Friday’s market open, Cettire told investors it delivered $191 million of sales in the three months to March 30, 2024.
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