Cettire's share price plummets 50% | Myer's major expansion | Prezzee gifted a $79m loss
What the Flux

Cettire’s share price plummets 50% | Myer’s major expansion | Prezzee gifted a $79m loss

2024-06-25
Cettire, the luxury fashion retailer’s share price plummeted by 50% after it announced a 20% drop in its earnings forecast. Myer has announced new plans to acquire other retail brands like Just Jeans and Jay Jay’s from Premier Investments - and investors like what they hear. Prezee, the Australia gift card company, has reported a $79 million loss over the past 18 months after it loses a major partnership with Amazon. —Build the financial wellbeing of your team with Flux at Work: https...
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