Boohoo agrees settlement in $100m US lawsuit over ‘fake promotions’

Online fashion retailer says settlement agreed without admission of liability'

Boohoo has reached a settlement in a $100m (80m) US lawsuit that alleged the online fashion retailer used fake promotions to mislead shoppers.

The Manchester-based company said the settlement had been agreed without admission of liability" and within its existing provision for legal costs of 18m, a figure that included costs from other more run-of-the-mill cases such as trademark infringements or employment claims.