Cettire
| Public[1] | |
| ISIN | 🆔 |
| Industry | E-commerce Online marketplace |
| Founded 📆 | 2015 in Melbourne, Australia |
| Founder 👔 | Dean Mintz |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Dean Mintz, CEO |
| Products 📟 | Clothes, Shoes, Bags, Accessories |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Cettire is an Australian-owned, globally operated, online luxury fashion retail platform. Founded in 2015 by Dean Mintz[2], the company sells apparel, shoes and accessories from over 1,300 international high-end fashion brands.[3][4][5]
History[edit]
Cettire was founded in 2015 by Dean Mintz, an entrepreneur in the tech space, and was launched commercially in late 2017.
The company has been profitable since its launch.[3][6]
In December 2020, Cettire went public on the Australian Securities Exchange (ASX).[7]
IPO[edit]
In December 2020, Cettire (CTT) listed on the Australian Securities Exchange (ASX) with a valuation of $190 million.[7]
The company raised $65 million via its initial public offering (IPO).[7]
Early investors include Regal Funds Management and Washington H Soul Pattinson & Company.[8] Within 4 months, the stock tripled from 50c to a high of $1.87, bringing the company valuation to $711 million.[9][10]
References[edit]
- ↑ Blake, Dean (18 December 2020). "Australian luxury retailer Cettire valued at $190.6 million on ASX debut". Inside Retail. Retrieved 6 June 2021.
- ↑ "Dean Mintz". www.bloomberg.com. Retrieved 2021-06-07. Unknown parameter
|url-status=ignored (help) - ↑ 3.0 3.1 "Luxury goods, luxury multiple for newbie Cettire". Australian Financial Review. 2020-11-02. Retrieved 2021-05-24.
- ↑ "Company Prospectus". www.asx.com.au. Retrieved 2021-06-07. Unknown parameter
|url-status=ignored (help) - ↑ Zaczek, Zoe (2021-05-21). "Young entreprenuer's success after launching luxury fashion business". Mail Online. Retrieved 2021-06-07.
- ↑ "Company Prospectus". www.asx.com.au. Retrieved 2021-06-07. Unknown parameter
|url-status=ignored (help) - ↑ 7.0 7.1 7.2 "Cettire (ASX:CTT) lists on ASX after $65M IPO - The Market Herald". themarketherald.com.au. 2020-12-18. Retrieved 2021-05-24.
- ↑ "Mysterious online retailer poised to join Young Rich List". Australian Financial Review. 2021-05-20. Retrieved 2021-05-24.
- ↑ "Online luxury retailer takes sharemarket honours". The West Australian. 2021-03-31. Retrieved 2021-06-06.
- ↑ "Bloomberg Company Page". www.bloomberg.com. Retrieved 2021-06-07. Unknown parameter
|url-status=ignored (help)
Category:Online retailers of Australia
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