I'm not denying Cettire has grown quickly.
I am just pointing out that as part of this luxury downturn, some brands are looking to tighten up the wholesale channels. That can't be good for Cettire as it relies on that Channel to source product and offer its price arbitrage (from in store) to consumers.
Ann: Cettire Confirms China Launch, Provides FY24 Update, page-197
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