All the supporters seem to be in love with Cettire. What work have you all done on their business model, on their profitability, on their founder and his sketchy past (associations with scam businesses), on their business operations and supply chain, and on their product quality (and no fake inventory?????!!!), return process, and dodging the tax/duties/authorities? I am surprised you are so supportive of the company. Have you ever purchased anything from them before? I am really keen to understand your rationale for being such a big supporter and giving advice to people here.
There are many other better companies to invest your money in (see the TPG news today - looks more attractive to me). Have you read all of Cettire's reviews and all their videos about fake products? Do you see how bad they are? May be contact some of those people to understand what the company is actually doing. See twitter where people have written about their experiences.
Either you are all just punting or you have too much money that you don't care if it becomes a BIG FAT ZERO one day?
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. How do you see this company doing well?????
CAN ANYONE PLEASE HELP ME UNDERSTAND! WHAT AM I NOT SEEING?
CTT Price at posting:
$1.92 Sentiment: None Disclosure: Not Held
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