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.
Devina Foley joins Net-a-Porter as Americas president
UK-based online luxury fashion platform Net-a-Porter has appointed Devina Foley as president, Americas. In her new role, Foley will oversee strategy and operations across the company's US and Canada business to strengthen its market position. Foley brings more than 20 years of experience across retail, merchandising, and e-commerce. Throughout...
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Vivaia expands US retail presence with first California store at Westfield Valley Fair
Global footwear brand Vivaia has expanded its US retail footprint with the opening of its first West Coast location at Westfield Valley Fair in Santa Clara. The launch marks the company's debut in California as it continues to grow its physical presence across key markets. The opening follows a period of international retail growth for the...
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Strategic acquisition: Montres Journe and Chanel invest in Ebel
Movado Group, Inc. (Movado Group) has entered into a binding agreement to sell a 95 percemt interest in its Swiss luxury watch brand Ebel for 66.5 million dollars to a strategic buyer group. The acquiring consortium is led by Geneva-based Montres Journe SA (Montres Journe), the high-end luxury watch manufacturer behind F.P. Journe. French luxury...
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Aritzia sees significant profitability expansion in Q2 Fiscal 2027
Canadian apparel brand Aritzia Inc. (Aritzia) reported strong financial results for the second quarter of fiscal 2027 ended August 30, 2026, driven by broad-based demand across retail and digital channels. Net revenue reached 1.17 billion Canadian dollars (0.823 billion dollars), an increase of 44.1 percent compared to 812.10 million Canadian...
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Uniqlo International drives Fast Retailing's 16.6 percent revenue growth in FY2026
Japanese retail giant Fast Retailing Co., Ltd. (Fast Retailing) has announced financial results for the 2026 fiscal year ending August 31, 2026, marking its fifth consecutive year of record performance. Group revenue rose 16.6 ercent year-over-year to 3.96 trillion yen (25.03 billion dollars), driven by strong international expansion and steady...
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Levi Strauss reports Q3 net revenue growth of 4 percent, raises outlook
US fashion group Levi Strauss & Co. (Levi Strauss) has reported net revenues of 1.6 billion dollars for the third quarter ended August 30, 2026, representing an increase of 4 percent on a reported basis and 5 percent on an organic basis compared to the same period in 2025. Driven by strong growth across international operations and wholesale...
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Lululemon realigns leadership to strengthen competitive position
Canadian technical athletic apparel brand Lululemon has announced a new senior leadership team structure designed to strengthen its competitive position and drive future growth. As part of the reorganization, the company appointed Maggie Gauger as president and chief product officer, alongside Joseph Godsey as chief operating officer, both...
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Nexroc Group targets American and Japanese fashion and luxury acquisitions
Japan and US-based asset management firm Nexroc Group (Nexroc), alongside its entertainment and fashion holding company SVCV, Inc. (SVCV), is preparing to launch tender offers targeting American and Japanese fashion and luxury groups. The proposed acquisitions mark the initial execution phase of Nexroc’s roll-up strategy, with the firm preparing...
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Pinterest names former Amazon executive James Dibbo as chief financial officer
US visual search and social commerce platform Pinterest has appointed James Dibbo as chief financial officer (CFO), effective October 26, 2026. Dibbo will report directly to chief executive officer (CEO) Bill Ready and will oversee the company's global finance organization, spanning corporate development, investor relations, tax, treasury and...
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Emily Vannucci George returns to Marc Jacobs as DTC North America president
US apparel group G-III Apparel Group (G-III) has named Emily Vannucci George as president direct-to-consumer (DTC) North America, with a primary focus on Marc Jacobs. In her new role, Vannucci George will oversee the direct-to-consumer operations for US luxury brand Marc Jacobs across North America. The appointment marks a return to the brand,...
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