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Retail

French fraud authority fines PrettyLittleThing 1.3 million euros

The online ready-to-wear retailer PrettyLittleThing (PLT) has been fined 1.3 million euros for “misleading commercial practices”, the French fraud authority announced on Tuesday. The investigation by the Directorate General for Competition, Consumer Affairs and Fraud Prevention (DGCCRF) uncovered consumer deception regarding “the reality of the...

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Business

Debenhams trims losses as transformation gathers pace; PLT sale on the table

Amid an ongoing, company-wide transformation plan, much of which relies on transitioning to a marketplace model, Debenhams Group – formerly Boohoo Group – has seen a marginal improvement in performance for the full-year to February 28, 2025, despite overall sales softening. The company reported an adjusted EBITDA of 41.6 million pounds, with an...

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