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.
Associated British Foods signals potential Primark demerger
UK-based group Associated British Foods (ABF) is anticipated to present a strategy to decouple its Primark fashion business from its diversified food portfolio this Tuesday, according to Reuters. The move follows a comprehensive structural assessment intended to enhance long-term shareholder value. Primark currently maintains a retail footprint...
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Allbirds rebrands as NewBird AI, stock jumps 400 percent
US sustainable footwear company Allbirds has announced a radical shift in corporate strategy, transitioning from a fashion retailer to an artificial intelligence (AI) compute infrastructure provider. The San Francisco-based firm, which recently divested its brand assets, intends to rename itself NewBird AI as part of a pivot toward the...
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Vince navigates Saks Global disruption with retail expansion strategy
The US-based global retail platform Vince Holding Corp. has reported its financial results for the fourth quarter and fiscal year ended January 31, 2026, revealing a resilient performance despite significant headwinds from the reorganization of Saks Global. The company is now pivoting toward international flagship expansion and an enhanced...
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Strategic inventory investment fuels Rent the Runway's FY25 financial recovery
The US fashion rental platform Rent the Runway has reported a significant expansion of its active subscriber base and a return to net income for the fiscal year 2025 ended January 31, 2026. The company attributed these results to a strategic decision to increase inventory investment, which served as the primary driver for improved customer...
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The Children's Place experiences significant downturn in Q4 financials
US specialist retailer The Children’s Place has announced its financial results for the fourth fiscal quarter and full fiscal year ended January 31, 2026, revealing a significant downturn in performance. Net sales for the three months ended January 31, 2026, decreased by 79.30 million dollars to 329.20 million dollars, representing a 19.4...
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Abercrombie & Fitch and Sperry announce heritage collaboration
US retail group Abercrombie & Fitch, has confirmed a global partnership with American footwear brand Sperry. The collaboration marks a renewal of a commercial relationship that first began in the 1930s, when the retailer served as a premier outdoor outfitter. The Sperry x Abercrombie collection features a range of apparel and footwear inspired...
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M&S appoints Sital Nakarja to spearhead merchandising transformation
British multinational retailer Marks & Spencer (M&S) has appointed Sital Nakarja as transformation lead for its merchandising planning platform. Nakarja joins the company during a period of significant operational modernisation across its fashion, home, and beauty divisions. Announcing her new role via LinkedIn, Nakarja stated, “The opportunity...
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Reebok returns to hockey through partnership with Wholesale Sports
US athletic brand Reebok has announced its re-entry into the hockey equipment category via a new long-term licensing agreement with Wholesale Sports Inc. The move marks the brand's return to a segment where it previously held significant market share and represents a strategic expansion of its performance sports portfolio. The partnership will...
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Off-White marks India debut with inaugural flagship store in Bengaluru
Italian luxury label Off-White, founded by the late American designer Virgil Abloh, has opened doors to its first retail store in India, located in Bengaluru. The brand is operating the space in partnership with the Indian licensee company for luxury and lifestyle fashion brands Brand Concepts Limited. The flagship store marks a significant...
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Erinn Murphy joins Kontoor Brands to lead finance and operations at Helly Hansen
US-based apparel group Kontoor Brands has appointed Erinn Murphy as vice president, global head of finance and operations for Helly Hansen and corporate investor relations. Murphy will join the company in early May. As part of her new role, Murphy will relocate to Oslo, Norway, to serve as an international assignee and a member of the Helly...
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