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.
Canada Goose revenue jumps 22.4 percent in first quarter of fiscal 2026
Canada Goose Holdings Inc. has announced its financial results for the first quarter of fiscal 2026, ending June 29, 2025, reporting a strong start to the fiscal year with significant revenue growth. The company reported a 22.4 percent increase in total revenue to 107.8 million Canadian dollars, or 21.5 percent on a constant currency basis....
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Maggie Gauger to lead Athleta as global brand president and CEO
Gap Inc.has announced a leadership transition for its Athleta brand, with Maggie Gauger appointed as global brand president and CEO, effective August 1, 2025. Gauger succeeds Chris Blakeslee, who will step down from his role but remain with the company as an advisor to ensure a seamless transition. Richard Dickson, CEO of Gap Inc., expressed...
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Deckers Brands reports strong Q1 2026 driven by Hoka and UGG
Deckers Brands, a footwear, apparel, and accessories company, announced its financial results for the first fiscal quarter ended June 30, 2025, highlighting robust growth from its Hoka and UGG brands. The company also provided its financial outlook for the second fiscal quarter. For the first fiscal quarter of 2026, Deckers Brands reported a...
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Lectra analysis: Navigating volatility in the global fashion industry
The global fashion industry is currently grappling with significant uncertainty in 2025, with only one in five sector leaders anticipating an overall improvement this year. This instability is driven by a confluence of factors, including consumer confidence reaching its lowest levels since the pandemic, a reduction in discretionary spending, and...
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Avery Dennison Q2 earnings up, sales slightly decline
Avery Dennison Corporation, a global materials science and digital identification solutions company, announced its preliminary, unaudited financial results for the second quarter ended June 28, 2025. The company's reported earnings per share (EPS) reached 2.41 dollars, while adjusted EPS of 2.42 dollars, increased 5 percent. Net sales for the...
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Madhya Pradesh seeks Inditex partnership for textile industry development
Chief Minister Mohan Yadav of Madhya Pradesh (MP), an Indian state, has expressed the state's intent to collaborate with global fashion giant Inditex for the comprehensive development of its textile and apparel industry, ANI reports. In a recent visit to the Spanish company, CM Yadav articulated the government's vision, emphasising, "We seek...
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OSL Group introduces Camicissima Milano to Indian market
OSL Group, through its dedicated luxury vertical OSL Luxury Collection Private Limited, has announced the latest addition to its distinguished portfolio: the Italian menswear brand, Camicissima Milano. With a legacy dating back to 1931, Camicissima is globally recognised for its exquisite craftsmanship in premium shirts and menswear, seamlessly...
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Burberry's Q1 comparable sales dip but brand desirability increases
Burberry Group PLC today released its first-quarter trading update for the 13 weeks ended June 28, 2025, indicating an improvement in comparable sales and growing brand desirability as it progresses with its transformation strategy. For Q1 FY26, Burberry reported retail revenue of 433 million pounds, a 6 percent decrease at reported exchange...
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Lotto launches in India with Agilitas Sports partnership
Lotto, the Italian sportswear brand, has officially entered the Indian market with an ambitious five-year plan to achieve a revenue of Rs. 1,000 crore (approximately 120 million dollars). This strategic foray is spearheaded by Agilitas Sports, a rapidly emerging entity in India's sportswear landscape, which holds exclusive rights for the Lotto...
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Saks Global welcomes Brandy Richardson as chief financial officer
Multi-brand luxury retailer Saks Global, has announced the appointment of Brandy Richardson as its new chief financial officer, effective August 18, 2025. Richardson will succeed interim CFO Mark Weinsten, who had been leading the company's finance organisation through the initial stages of its transformation following its acquisition of Neiman...
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