Only few brands r boutique shops only, LV and Hermès as I am aware of. Even very top brands (same level as Hermès) have distribution in few retails, for example Harrods. Relationship between CTT and ADs(authorized Dealers) depends on how good the sales it is, right?Hence I don’t see any problem here as CTT grows aggressively. I did compare farfetch Vs CTT Vs Harrods. For the price of the same brand same item , CTT<Harrods<farfetch and the gap is like 10%+ each, yes, CTT is 20-30% cheaper than farfetch. Harrods has the most new season items and the most complete top brands. This explains why I never bought anything from farfetch and will not either. I also don’t like farfetch, no discount on lots of last season’s items. U know what? Some discount on new season’s items on CTT, amazing. Farfetch’s MC is 20.64b usd. What do u think CTT’s MC will be? As I said, a lot of people never heard CTT. Once they know CTT and compare the price, they will ditch farfetch immediately. PS: the price comparison is based on the delivery price to Australia.
CTT Price at posting:
$1.22 Sentiment: Hold Disclosure: Held
(20min delay)