<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/australia" rel="" target="" title="Australian"><span>Australian</span></a><span> luxury retailer Cosette is set to close down after more than 11 years in business.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Sydney retailer, which is not in administration or being liquidated, built a reputation for selling luxury designer goods at discounted prices.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"For more than 11 years, Cosette has been proud to offer our customers access to some of the most sought-after pieces at significant savings," the business said on its website.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/pub-tests-show-thousands-of-drinkers-ripped-off-over-drink-sizes/85131921-b40d-495c-803a-01ab9084cea0"><strong><span>Thousands of pub goers risk being ripped off with drink sizes, report says</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/popular-brewery-wildflower-brewery-and-blending-set-to-shut-its-doors-in-sydney-in-search-of-a-tree-change/d2194abb-bd70-4fd4-a544-4ae1da802739"><strong><span>Iconic Sydney brewery to shut its doors</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"In that time, we have proudly served more than 140,000 customers and we are deeply grateful for the trust and loyalty you have shown us throughout this journey."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Back in 2024, </span><a href="https://www.9news.com.au/national/luxury-retailer-cleared-over-fake-designer-handbag-complaints/f3491db2-9137-49e5-9c14-c0b4d1979082" rel="" target="" title="the retailer was cleared over allegations it sold fake designer handbags"><span>the retailer was cleared over allegations it sold fake designer handbags</span></a><span> after an investigation found there was no evidence to support the claims.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/cosette-closing-australian-retailer-set-to-close-down-after-more-than-11-years-in-business-operating-out-of-the-rocks-in-sydneys-cbd/c9e364b2-5c5b-4ce7-862f-08b2aef7bfae" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>At the time a NSW Fair Trading spokesperson said each item was tested and verified as authentic by the brand rather than third-party verifiers.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/front-to-kerb-parking-fine-sydney-council-signage/13e8841c-050c-4a36-9bb4-6d3929cb6585" rel="" target="" title="Karina copped a $140 fine for parking the wrong way on a trip to the beach"><span></span></a><span>"Unfortunately, the market has changed and we - rather than our mission to make luxury more affordable, every day – were sometimes the story," the business said in its statement.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"So, after careful consideration, we have made the decision to close our Sydney warehouse and operations in the near future.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Our heartfelt thanks for your support and for being part of the Cosette over the years."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/fletcher-jones-closure-iconic-melbourne-retailer-shutting-down/ce0d2c06-49db-435a-8bc7-a676ed516b3f"><strong><span>Iconic Australian retailer shutting down</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/capital-gains-tax-discount-australia-speculation-overhaul-federal-budget-2026/1fcd9f5b-370a-4045-a4c3-c00c4dbec466"><strong><span>$23 billion tax break could be overhauled in matter of months</span></strong></a><span></span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>9News.com.au has contacted Cosette for further comment.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The retailer is one of a string of businesses to close in recent months.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Australian-owned clothing brand Fletcher Jones </span><a href="https://www.9news.com.au/national/fletcher-jones-closure-iconic-melbourne-retailer-shutting-down/ce0d2c06-49db-435a-8bc7-a676ed516b3f" rel="" target="" title="announced last month it would close of its remaining physical stores and its website"><span>announced last month it would close of its remaining physical stores and its website</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Cult Australian designer clothing brand </span><a href="https://www.9news.com.au/national/myer-brand-sass-and-bide-to-close-down-within-weeks/ac80f6c9-055a-4ad7-b9a8-affef2811e31" rel="" target="_blank" title="Sass &amp; Bide also announced the business would shut down all its physical and online stores"><span>Sass &amp; Bide also announced the business would shut down all its physical and online stores</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><em><span>NEVER MISS A STORY:</span></em></strong><span> </span><strong><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><strong><em><span>Download the 9NEWS App here via</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a></li><li><strong><em><span>Make 9News your preferred source on Google by</span></em></strong><span> </span><a href="https://9.nine.com.au/8x987w" target="_blank"><strong><em><span>ticking this box here</span></em></strong></a></li><li><strong><em><span>Sign up to</span></em></strong><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine" target="_blank"><strong><em><span>our breaking newsletter here</span></em></strong></a></li></ul></div></div>