Articles by Prachi Singh
Based in India, Prachi has been associated with FashionUnited for over a decade as freelance editor-finance. She did BA in English Literature from Goa University and then did a diploma in journalism from Xavier Institute of Communications, Bombay. After actively working for various publications in the fashion/apparel and textile space in India, she covers financial reporting, mergers & acquisitions and new appointments at FashionUnited.
Watches of Switzerland expands US presence with Deutsch & Deutsch acquisition
The UK-based luxury watch specialist Watches of Switzerland Group (WOSG) has announced the completion of its acquisition of Deutsch & Deutsch, a family-owned jewelry and timepiece retailer based in Texas. Operating since the 1920s, Deutsch & Deutsch is an authorized distributor for several high-end brands, including Rolex, Cartier, Omega, Tudor,...
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Bleckmann chief executive officer Kurt Pierloot to step down
The Netherlands-based supply chain management provider Bleckmann has announced that its chief executive officer, Kurt Pierloot, is to step down after six and a half years in the role. The company, which specializes in omnichannel e-fulfillment for fashion and lifestyle brands, confirmed that the transition was reached by mutual agreement....
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Primark confirmes 2.7 percent like-for-like sales decline in Christmas quarter
Associated British Foods (ABF) today released its finalized revenue report for the 16-week period ending January 3, 2026, confirming that its retail powerhouse, Primark, performed in alignment with the cautionary estimates issued on January 8, 2026. Like-for-like sales at Primark clothing business fell 2.7 percent during the Christmas quarter....
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Burberry reports positive Q3 driven by "Burberry Forward" strategy
Burberry Group has released its third-quarter trading update for the 13 weeks ended 27 December 2025, revealing a return to growth and steady progress under its "Burberry Forward" strategy. Chief Executive Officer Joshua Schulman reported that the luxury house achieved a sequential improvement in comparable sales growth and enhanced the quality...
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Nike announces leadership changes across key global regions
US sportswear company Nike has unveiled a series of executive transitions within its senior leadership team as the business seeks to accelerate its ‘Sport Offense’ strategy and streamline global operations. The changes affect leadership positions across Europe, Middle East and Africa (EMEA), Greater China, and Asia Pacific and Latin America...
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Ralph Lauren Corporation appoints Cesar Conde to board of directors
US luxury group Ralph Lauren Corporation has announced the appointment of Cesar Conde to its board of directors, effective immediately. The addition of Conde, who currently serves as chairman of NBCUniversal News Group, increases the total number of directors on the board to 12. Conde oversees one of the largest news media conglomerates in the...
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Under Armour announces executive leadership changes to accelerate transformation
US sportswear brand Under Armour has revealed a series of senior leadership appointments intended to strengthen its global product, brand and marketplace operations. Effective February 2, 2026, the changes are designed to align the company’s go-to-market strategy under a unified operating model to drive sustainable growth and improve financial...
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Pepco Group reports 4.3 percent revenue growth amid strategic FMCG exit
Pan-European variety discount retailer Pepco Group has announced its trading update for the first quarter of fiscal year 2026, ended December 31, 2025. The group reported a 4.3 percent increase in total revenues to 1.40 billion euros (1.63 billion dollars) on a constant currency basis. This growth was primarily driven by the flagship Pepco...
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Richemont maintains strong momentum with 11 percent sales growth in third quarter
Swiss luxury group Richemont has reported a robust performance for its third quarter ended December 31, 2025, with sales reaching 6.40 billion euros (7.45 billion dollars). At constant exchange rates, revenue increased by 11 percent against demanding double-digit comparatives from the previous year, while growth at actual exchange rates stood at...
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Mulberry reports strong Q3 trading performance
Somerset-based British luxury brand Mulberry has announced a robust trading performance for the 13 weeks to December 27, 2025. The group achieved revenue growth across all geographic markets, underpinned by a strategic focus on full-price sales during the competitive festive period. Group total sales increased by 5.3 percent at actual currency...
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