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Birmingham Post
Birmingham Post
Business
Jon Robinson

THE TRUTH ABOUT: Prettylittlething s sales stalled by international decline as return rates rise - The Untold Story

A fall in sales outside the UK and USA slowed PrettyLittleThing's growth during its latest financial year as return rates rose, new figures revealed.

The Manchester-headquartered brand, which is part of the wider Boohoo group, has posted a revenue of £712.2m for the 12 months to February 28, 2022, up from the £710.1m it achieved in the prior year.

However, the company's pre-tax profits fell from £98.7m to £75.1m over the same period.

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