Cettire overhauls duties and returns policy to allay wary investors

Cettire is changing the pricing model at its fast-growing US business and will not disclose what duties are owed on purchases at its online luxury goods marketplace.

The ASX-listed company told investors last week that there were often discrepancies between estimates of duties and the amount of money actually paid on imported goods, but noted that this was not material to the retailer’s reported revenue.