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Cosette to Close Australian Operations After 11 Years

Cosette, an online luxury multi‑brand retailer, announced it will shut its Australian operations and Sydney warehouse after 11 years in business. The decision cites changing market conditions following a year‑long investigation that cleared the company of allegations it sold counterfeit goods. Over its tenure, Cosette served more than 140,000 customers and will liquidate remaining inventory with discounts of up to 80% off retail price. The closure marks the end of a decade‑long presence in Australia’s luxury e‑commerce sector.