Zoom-shy Cettire founder Dean Mintz has once again put up numbers that should make shareholders dry retch. Mintz posted Cettire’s second profit downgrade in three months last Thursday, citing a “volatile” environment in luxury goods.
For a company with such a special interpretation of overseas duties, naturally, Donald Trump’s tariff policy was going to wreak havoc. Cettire shares plunged 30 per cent on Thursday and then slid a further 20 per cent to close at 25¢ on Friday afternoon.
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