PrettyLittleThing news and archive

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

Boohoo issues profit warning as consumer demand slumps

For the six months to August 31, Boohoo Group’s net revenue declined 10 percent to 882.4 million pounds amid “macro-economic headwinds facing both consumers and businesses”. The company said it expects for a similar rate of revenue decline to persist over the remainder of the financial year if the “current conditions” continue. Boohoo now...

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Business

Boohoo forecasts flat sales growth in H1 2023

Boohoo Group Plc recorded a revenue increase of 14 percent reported and currency adjusted to 1.983 billion pounds in the year to February 28, 2022. Revenue over the two-year period increased by 61 percent from 1.235 billion pounds in 2020, at a time when apparel markets globally remain below pre-pandemic levels. The company said that the trends...

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Fashion

UK fast fashion: Half of top brands’ clothes made entirely from virgin plastic

A study looking into the use of plastics in the UK’s fast fashion industry has found that 49 percent of the clothing from four top brands is made entirely using virgin plastics. Boohoo was the biggest culprit with 67 percent of its fashion made entirely from fabrics derived from petrochemicals such as polyester, acrylic, nylon and polyamide....

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Fashion

PrettyLittleThing teams up with Karrueche Tran

American actress and model Karrueche Tran has launched an activewear collection in partnership with PrettyLittleThing. Tran, who has more than 9.8 million Instagram followers, has created a 62-piece collection filled with activewear staples in a range of on-trend earth tones, including PrettyLittleThing’s autumn/winter favourite chocolate brown,...

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Business

Network of Leicester garment factories involved in money laundering

A network of garment factories in Leicester, some of which have supplied retailers Boohoo and Select Fashion, have been involved in a money laundering and VAT fraud scandal, according to an investigation by BBC Radio 4. The activity was brought to light by a civil court case between the bosses of two clothing wholesalers. Leicester-based company...

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Fashion

PrettyLittleThing launches breast cancer awareness collection

Fast fashion e-tailer PrettyLittleThing has launched a breast cancer awareness collection in support of CoppaFeel!. The 23-piece capsule collection is in support of breast cancer awareness month and PrettyLittleThing will donate all sales to charity CoppaFeel! to help raise awareness of the importance of checking your breasts. The nightwear and...

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Business

Boohoo raises full year outlook after strong H1 revenue and profit growth

Boohoo Group revenue for the first half-year increased by 45 percent or 44 percent CER to 816.5 million pounds (1,048.4 million dollar). The company said in a statement that adjusted EBITDA for the period was 89.8 million pounds (115.3 million dollars), an increase of 48 percent, while profit before tax was 68.1 million pounds (87.4 million...

Fashion

PrettyLittleThing launches fashion design competition

Fast fashion online retailer PrettyLittleThing is asking “are you the future of fashion?” with its newly launched fashion competition to give a talented designer the chance to design a capsule collection for the brand. “Wanna design for PrettyLittleThing? Now you could! PrettyLittleThing are looking for any wannabe designers to become part of...

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Fashion

PrettyLittleThing shoots campaign entirely using a drone

Fast-fashion e-tailer PrettyLittleThing has collaborated with Australian-based creative agency, Komodo, to shoot its new campaign entirely using drones, in what it is calling the future of fashion shoots in a Covid-19 world. The coronavirus pandemic has led to brands needing to find new creative ways in order to reach their customers, due to...

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Retail

PrettyLittleThing and Hype. partner with Laybuy to offer ‘buy now, pay later’ service

Laybuy, New Zealand's leading ‘buy now, pay later’ service, has announced PrettyLittleThing and Hype. to be the latest retailers who will offer this flexible payment option to their UK-based customers. Scheduled to go live online on both retailers’ e-shops later this month, Laybuy’s payment service will enable shoppers to spread out a purchase...

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Business

Boohoo faces 100 million dollar lawsuit over 'sham sales'

Boohoo is facing a 100 million dollar (81 million pound) lawsuit over claims by lawyers in the US that it is using fake sales and promotions. US law firms Almadani Law and AI LawLawyers accuse the company of misleading shoppers by creating “sham sales” using fake ‘original’ prices on products against which the new ‘sale’ prices appear slashed....