You do realise the global luxury goods market is in decline. All their competitiors are close to bankruptcy or already bankrupt (Farfetch, Matches fashion, NetaPorter). Their Q4 FY2024 EBITDA was negative and conditions in the market are only getting tougher. They also announced that their July and August trading update was weak.
How do you see this company doing well????? I am surprised you are investing so much of your time in a company that is not even a real business?
Has anyone here ever purchased anything from Cettire? Have you read about the founder and his associated scam businesses? Have you read their reviews and videos online showing fake products? Business is not sustainable?
CTT Price at posting:
$1.92 Sentiment: None Disclosure: Not Held
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