Australia's Cettire rises on denying media report claims on supply standards

Cettire

27/05/2024 02:31

** Shares of Cettire  CTT.AX  up 4.6% at A$2.49
    ** The global luxury online retailer denies media report
that it is selling non-genuine products on its platforms
    ** Co says The Australian used a short seller report that it
has neither seen, nor verified 
    ** Confirms it has no product suppliers located in China,
the Marshall Islands, Hong Kong, the Philippines or Vietnam; not
aware of any ACCC investigation into its customer service
practice
    ** Including session's gains, stock has fallen ~14% this
year

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))