Picture of Boohoo logo

DEBS — Boohoo News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeMid CapMomentum Trap

France fines Boohoo €2.3 million over deceptive discounts on website

France fines Boohoo €2.3 million over deceptive discounts on website

- France's anti-fraud agency said on Thursday it fined British fashion retailer Boohoo DEBS.L €2.3 million ($2.69 million) for deceptive practices such as exaggerated discount announcements on its website.

The French government has led a crackdown on online fast-fashion businesses, particularly targeting Chinese platforms Shein and Temu, and lawmakers in June passed an anti-fast-fashion law imposing fines on what they called "disposable" clothing.

($1 = 0.8543 euros)


(Reporting by Helen Reid and Inti Landauro)

((inti.landauro@thomsonreuters.com))

Recent news on Boohoo

See all news