Lingerie firm Agent Provocateur has reportedly posted a loss during the past year, as it repaid debts.

According to the Observer newspaper, Agent Provocateur reported a loss of GBP676,000 (US$1.1m), compared to profits of GBP175,000 last year.

It includes repaid loans to private equity firm 3i, the newspaper said, and despite revenue growing GBP1.5m during the period.

Spokespeople for 3i were not immediately able to comment further when contacted by just-style today (21 December).