Business
Luxury Retailer Cosette Announces Closure After 11 Years in Business
Luxury Sydney retailer Cosette has announced that it will close after 11 years in business.
The announcement, which was shared by the retailer online, also shared that the company will hold an Australian Warehouse Sale to offload remaining stock.
Cosette Announces Closure
Cosette likewise took the opportunity to explain the surprising decision to close its doors for good.
“Unfortunately, the market has changed and we – rather than our mission to make luxury more affordable, every day – were sometimes the story,” the retailer said in its statement. “So, after careful consideration, we have made the decision to close our Sydney warehouse and operations in the near future.”
The retailer has been known for selling pre-owned and authenticated luxury handbags and accessories. However, as news.com.au notes in its report, Cosette was at the center of controversy in 2024 when it was accused of selling fake designer handbags.
Investigations eventually cleared Cosette as it found no evidence to support such claims.
Australian Warehouse Sale
As previously mentioned, Cosette also announced that it will be holding an Australian Warehouse Sale.
The retailer will offer up to 80% off RRP on some luxury brands, such as Saint Laurent, Gucci, Prada and Celine.
There will also be an additional 10% off sitewide, which will be applied at checkout.
“Limited quantities, limited time,” Cosette said in its announcement. “All bags are priced to clear and will not be restocked.”
Tesla Stock Falls. Play the Odds of Musk Merging It With SpaceX.
Jahnke, director at Zurn Elkay, sells $902,876 in stock
Apple is reportedly working on allowing AI chatbots like ChatGPT, Claude, and Gemini in its CarPlay system.
Should this become a reality, what happens to Siri?
Apple Reportedly Works on AI Chatbot Integration
According to Bloomberg’s Mark Gurman, the support for third-party AI apps is expected to arrive in the coming months.
The support will reportedly allow CarPlay users to ask these AI apps questions hands-free. However, it should be noted that users may need to open an app in order to access their preferred chatbot.
MacRumors notes in its report that app developers will be given the opportunity to design in-car experiences that will be the ones to launch the voice-based chat mode upon opening of the app.
What Happens to Siri?
There’s no need to worry about Siri as this change is not meant to replace the AI assistant.
The support for third-party AI chatbots will have limitations. MacRumors reports that the support will not have a wake word, which makes opening the app of their chosen AI chatbot necessary in order to use the function.
As of press time, Apple has not confirmed if it is indeed working on support for third-party AI chatbots in CarPlay.
However, Apple Insider points out that the slow rollout of the new Siri may have been a contributing factor to the reported decision to provide support for such apps.
Originally published on Tech Times
Ilan Ganot, Solid Biosciences director, sells $46k in shares
US appeals court upholds Trump’s immigration detention policy
Cathie Wood’s ARK Funds Buy the AMD Stock Drop
Smith, Rhythm Pharmaceuticals CFO, sells $702k in RYTM stock
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Arlo Technologies CEO Mcrae sells $1.9 million in stock
Bitcoin Falls Below $70,000. Why This Crypto Crisis Is Getting Scary.
Canadian midfielder Stephen Eustaquio acquired by LAFC on loan from Porto
He Treats His Wife Like A Pet | Financial Audit
I asked expert when potatoes aren’t safe to eat – telltale signs to throw them out
-
Video4 days agoWhen Money Enters #motivation #mindset #selfimprovement
-
Tech3 days agoWikipedia volunteers spent years cataloging AI tells. Now there’s a plugin to avoid them.
-
Politics5 days agoSky News Presenter Criticises Lord Mandelson As Greedy And Duplicitous
-
Crypto World7 days agoU.S. government enters partial shutdown, here’s how it impacts bitcoin and ether
-
Sports6 days agoSinner battles Australian Open heat to enter last 16, injured Osaka pulls out
-
Crypto World6 days agoBitcoin Drops Below $80K, But New Buyers are Entering the Market
-
Tech8 hours agoFirst multi-coronavirus vaccine enters human testing, built on UW Medicine technology
-
Crypto World5 days agoMarket Analysis: GBP/USD Retreats From Highs As EUR/GBP Enters Holding Pattern
-
Sports18 hours ago
New and Huge Defender Enter Vikings’ Mock Draft Orbit
-
NewsBeat13 hours agoSavannah Guthrie’s mother’s blood was found on porch of home, police confirm as search enters sixth day: Live
-
Business1 day agoQuiz enters administration for third time
-
NewsBeat4 days agoUS-brokered Russia-Ukraine talks are resuming this week
-
Sports5 days agoShannon Birchard enters Canadian curling history with sixth Scotties title
-
NewsBeat5 days agoGAME to close all standalone stores in the UK after it enters administration
-
NewsBeat2 days agoStill time to enter Bolton News’ Best Hairdresser 2026 competition
-
Crypto World3 days agoRussia’s Largest Bitcoin Miner BitRiver Enters Bankruptcy Proceedings: Report
-
NewsBeat57 minutes agoDriving instructor urges all learners to do 1 check before entering roundabout
-
Crypto World1 day agoHere’s Why Bitcoin Analysts Say BTC Market Has Entered “Full Capitulation”
-
Crypto World1 day agoWhy Bitcoin Analysts Say BTC Has Entered Full Capitulation
-
NewsBeat4 days agoImages of Mamdani with Epstein are AI-generated. Here’s how we know