Company Information

 

City Chic Collective Limited (ASX: CCX)

City Chic Collective Limited is an international retailer focusing on plus-size women’s clothing, shoes, and accessories. With an omni-channel approach, the company runs 88 stores in Australia and New Zealand and maintains websites for customers in these countries as well as the United States, the United Kingdom, and Europe. The group’s brand portfolio includes City Chic, Avenue, CCX, Hips & Curves, Fox & Royal, and Navabi. City Chic and CCX offer a wide range of clothing options, while Navabi and Avenue cater to a more traditional conservative market. Hips & Curves and Fox & Royal are online brands focusing on intimate wear.

The company also operates Navabi, a European online marketplace, and partners with third-party marketplaces and wholesalers to distribute its products in Australia, New Zealand, the US, Canada, the UK, Europe, and the Middle East. Sales in the UK involve both online and wholesale channels, in Europe the business is exclusively online, and in the Middle East, the company deals only in wholesale.

The revenue for City Chic Collective Limited, accumulated over the trailing twelve months (TTM), amounts to AUD 206.49 million, while the company recorded a net loss of AUD 38.83 million. The business was established in 1992 and currently employs 688 individuals. Over the past year, the company experienced a significant decrease in revenue, dropping by 17.08% from AUD 324.65 million to AUD 269.20 million. This decline, coupled with an increased cost of goods sold, has led to the company’s net income falling from a profit of AUD 22.28 million to a loss of AUD 99.78 million.

 

Top Australian Brokers

 

 

City Chic Collective Limited (ASX: CCX) Live Chart

 

City Chic Collective Limited (ASX: CCX) Forecast

Analysts have set a 12-month price target for City Chic Collective Limited with an average expectation of AU$0.57, which suggests a potential upside of 50% from the last traded price of AU$0.38. Targets from the six Wall Street analysts range from a low of AU$0.40 to a high of AU$0.77.

 

Latest City Chic Collective News

 

City Chic Collective Limited (ASX: CCX) Performance

 

City Chic Collective Limited (ASX: CCX) Fundamentals

 

City Chic Collective Limited (ASX: CCX) Competitors

 

Don’t Buy Just Yet

You will want to see this before you make any decisions.

Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.

Our experts picked out The 5 best ASX shares to buy in 2024.

We’re giving away this valuable research for FREE.

Click below to secure your copy