Amendments to US Tariff regime
Open PDF
| Stock | Cettire Ltd (CTT.ASX) |
|---|---|
| Release Time | 3 Feb 2025, 11:38 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Cettire assesses impact of US tariff changes
Key Points
- Cettire does not have any suppliers in Canada, Mexico or China affected by new US tariffs
- 7.5% of Cettire's FY24 gross sales related to items from impacted jurisdictions, 4% of total gross sales
- Cettire has identified strategies to mitigate potential tariff changes
Full Summary
Cettire Limited (ASX: CTT), a global luxury online platform, has advised that it is continuing to assess the changes to the US tariffs on overseas imports. Regarding the announced changes to tariffs on imports from Canada, Mexico and China, Cettire confirms it does not have any agreements in place with suppliers in those countries. In FY24, approximately 7.5% of Cettire's gross sales sourced from the US related to items manufactured in the jurisdictions impacted by the new tariffs. This represented approximately 4% of Cettire's total gross sales. Cettire began identifying strategies to prepare for and mitigate potential changes to the US tariff regime throughout calendar year 2024 and continues to closely monitor the situation.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In