@hankreardonHi,Still wondering about Cettire.Given the high...

@hankreardon
Hi,

Still wondering about Cettire.
Given the high margins in the luxury sector, I think there is some room for a business model like Cettire.
If they continue to be successful, there is probably a large upside potential for this stock.

However, I still have some questions about It :
- the main one is about the stability of their supply. It is not very clear for me who are their main suppliers and if Cettire won't have any problem to get enough supply if they continue their growth,
- there are also some strange elements in their results. For example, there was no operating leverage in H1 21 results (flat op margin) despite the very strong top line growth (the company explains it by the decrease of gross margin, due to restructuring of fulfilment).