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Small Cap Stocks Down Under 9 April 2021: Cettire, Wameja, Joyce Corporation
Cettire: Luxury in the age of technology
In today’s edition of Small Cap Stocks Down Under, the phrase ‘personal luxury goods’ is enough is make many investors tune out, and for good reason. The market is perceived to be dominated by ancient brands and impossibly high entry barriers, so how is any newcomer meant to get in? The Cettire Group has paved a way. Cettire is a global online retailer carrying the personal luxury goods market successfully into the technology age. They offer a large selection of luxury products, radically impacting a traditionally brick-and-mortar market. And the customers seem to like it. Cettire is forecasting a cool $70m in revenue for FY21.
Also in today’s edition, a look at acquisition play Wameja (ASX: WJA) and kitchen and bedding company the Joyce Corporation (ASX: JYC).
Click here to read the previous edition of Small Cap Stocks Down Under published 26 March 2021