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finance.yahoo.com Regulatory and legal

France Fines Boohoo $2.3 Million Euros For Deceptive Practices

France's consumer watchdog has fined Boohoo 2.3 million euros ($2.7 million), after the British fast fashion retailer was accused of deceptive practices such as fake discounts and mislabeled materials. France's Directorate-General for Competition, Consumer Affairs and ​Fraud Control (DGCCRF) said Boohoo has exaggerated the discounts it offered, which ultimately gave consumers the false impression of saving on money, …

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