ASX Announcements
AGM Chair and CEO Addresses and CEO Presentation
Company Presentation, Chairman's Address to Shareholders
- Nov 14, 2024
- 16 pages
This Month
Cettire suffers from soft trade in luxury goods
CEO Dean Mintz says more of the online luxury platform’s margin has been passed on to consumers in hefty promotions.
- Carrie LaFrenz
October
Cettire blown way off course as fall in luxury spending dents profits
The ASX-listed online retailer told investors it was weathering a challenging environment, but brokers say it is on track to miss expectations by almost half.
- Jonathan Shapiro
September
Cettire gets auditor’s tick of approval, adding $247m to valuation
A month after the online luxury retailer delivered unaudited accounts, worrying investors, Grant Thornton have signed off, sending the share price surging.
- Updated
- Jonathan Shapiro, Joshua Peach and Carrie LaFrenz
Cettire investors on alert after White House targets duties threshold
The Biden-Harris administration is curbing alleged abuse by Chinese online retailers, as part of legislative changes that could have wider ramifications for e-commerce.
- Jonathan Shapiro and James Eyers
Dean Mintz splashes $15.8m on Cettire shares despite audit worries
The luxury fashion retailer’s founder had helped lift the company’s stock by about 50 per cent this week. The end of the spree sent it crashing on Wednesday.
- Jonathan Shapiro and Carrie LaFrenz
Cettire’s Dean Mintz rewards the faithful
Not much is known about reclusive Cettire founder Dean Mintz. But it’s clear the man reads his reviews.
- Myriam Robin
Is Cettire having a lend?
Even its most loyal of backers must by now agree this is a very kooky business.
- Myriam Robin
August
- Opinion
- Chanticleer
What I learnt from 30 CEOs in 30 days
The profit season has delivered a confusing picture of an economy stuck between cycles. Here are 30 nuggets to help investors navigate this tricky environment.
- Updated
- James Thomson
- Results Wrap
- Chanticleer
Perpetual ready to sprinkle riches; red flags at Cettire
Wesfarmers and Qantas headlined the final Thursday of earnings season, but it was Perpetual and Cettire’s results that caught our eye.
- James Thomson and Anthony Macdonald
Cettire auditor fails to sign off on accounts, begins ‘nuanced’ review
The luxury online retailer was a market darling. But its market capitalisation has been slashed amid weaker sales and questions about its business model.
- Jonathan Shapiro and Carrie LaFrenz
The luxury bubble is bursting and not even Cettire is safe
Prestige fashion is in a state of crisis as sales plunge and stocks pile up. For Cettire, which has operated in the grey market, this is its moment of truth.
- Carrie LaFrenz and Jonathan Shapiro
July
- Analysis
- Retail
Can Bob East finally find a woman to sit on Cettire’s board?
The addition of investment banker Jon Gidney last week – the first to be added to the board since it listed on the ASX – only highlights the company’s needs.
- Carrie LaFrenz
Veteran banker Jon Gidney joins Cettire board
The former investment banking heavyweight has joined the luxury goods platform, which is yet to appoint any female directors.
- Carrie LaFrenz
Hedge funds turn on Cettire, betting shares will keep falling
The online fashion retailer is now the second most shorted stock on the ASX as hedge funds ramped up bets against the stock over the past week.
- Alex Gluyas
Phil King’s Regal Partners set for major payday after banner year
Soaring funds under management and strong performance pushed fees at the investment house, which has snapped up several rivals this year, to record levels.
- Joshua Peach
- Opinion
- Investing
UniSuper’s John Pearce has a warning for this financial year
Super funds and portfolio managers have ruled off on a year that was powered by super stocks. As another begins, they’re looking for the obvious trades.
- Jonathan Shapiro
June
Cettire CFO facing multimillion tax bill on ‘worthless’ share options
Tim Hume is one of the biggest casualties of a slump in the luxury retail platform’s share price. He faces a large tax bill, while his options are out of the money.
- Carrie LaFrenz and Jonathan Shapiro
Brokers turn on Cettire after profit downgrade
The company’s shares fell again on Tuesday as analysts doubted whether a soft luxury market was the only cause of its dramatic downgrade.
- Jonathan Shapiro and Carrie LaFrenz
- Analysis
- Fashion retail
Cettire downgrade cracks market’s brittle trust
New battlegrounds have been drawn after a shock profit downgrade halved Cettire’s sharemarket value.
- Jonathan Shapiro and Carrie LaFrenz
- Opinion
- Chanticleer
Cettire’s 50pc crash a story of life in the fast lane
Cettire founder Dean Mintz will push on; that’s what founders do. While he looks at China, the capital markets game rages.
- Anthony Macdonald
