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Cettire Limited (ASX:CTT)

ALERT: Price-sensitive ASX Announcement for CTT
Current share price for CTT : $0.240 0.005 (2.13%)+
Announcement
Release
29 May 2026 5:37PM
Price at Release
$0.235
Full Release
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Summary
Cettire Limited announced the expansion of its presence in China with a flagship store on TMall Global, part of Alibaba Group's e-commerce platform. This partnership, expected to complete in Q1-FY27, enhances Cettire's accessibility in the Chinese market, complementing its existing channels on JD.com and cettire.cn. The company will utilize its global supply chain without needing local inventory. Founder and CEO Dean Mintz highlighted this as a critical step in tapping into the world's largest luxury market.
Key Points
  • Cettire Limited is expanding its presence in China by launching a flagship store on TMall Global.
  • The partnership with TMall Global enhances Cettire's market access and complements its JD.com and cettire.cn channels.
  • Cettire will leverage its proprietary technology and global supply chain without requiring local inventory.
  • The launch on TMall Global is expected to be completed during Q1-FY27.
  • Dean Mintz, Founder and CEO of Cettire, emphasized the strategic importance of expanding in China's luxury market.
  • The announcement was authorized by the Board of Directors of Cettire Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.