Boohoo

The Debenhams Group has completed the sale of the Nasty Gal brand for $16 million in cash to White Space Group New York (WSG Brands). The transaction includes worldwide trademark rights; Nasty Gal recorded a gross merchandise value of £12m and an adjusted EBITDA of £0.4m in fiscal 2026. Debenhams described the brand as non-core and said the sale is part of its strategy to transition to a marketplace-based business model; it had previously sold its Sheffield distribution centre for £90m. » More on de.investing.com

Coast Entertainment posted an operational revenue increase of 20.8% to AUD 116.5m in FY 2026 and a recovery in profitability: theme parks EBITDA rose 113.6% to AUD 18.8m and statutory net profit climbed to AUD 6.1m. Visitor numbers increased 29.3% to 2.0m guests, operating cash flows more than doubled, and the company finished debt-free with AUD 35m in cash. Coast received development approval for 55 hectares in Coomera and reports a pro‑forma net asset value of AUD 1.08 per share, while the stock slipped slightly. Around AUD 17m of investments are planned for FY 2027 (including Lost Mine Mayhem) and the board is reviewing capital and financing options. » More on de.investing.com

France’s consumer watchdog fined Boohoo €2.3m after finding widespread misleading promotions and labelling breaches. Of the promotions reviewed, 40% were not real price reductions, 7% showed smaller discounts than advertised and 48% represented price increases, and the firm used terms like “leather” or “suede” for synthetic items. The penalty follows a prior $100m settlement in the US over similar alleged fake promotions. Boohoo said the issues related to Oct 2023–Feb 2024 under previous management have been resolved and it is reviewing pricing and labelling practices. » More on theguardian.com