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.
Debenhams Group reports return to growth in Q1 2026
UK online retail group Boohoo Group plc, which operates as Debenhams Group, reported a return to growth for its first quarter ended May 31, 2026. The company experienced an acceleration in its multi-year turnaround momentum, with group gross merchandise value, or GMV, increasing by 0.5 percent year-over-year. Trading during May was notably...
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Former Meta executive Violaine Gressier joins Condé Nast France
US media company Condé Nast announced the appointment of Violaine Gressier as chief business officer for France, effective June 22, 2026. Based in the Paris office of Condé Nast and reporting to Elizabeth Herbst-Brady, the chief revenue officer of Condé Nast, Gressier will oversee all revenue activities across the portfolio of the company in...
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British Land welcomes Joanne McNamara as chief executive officer
British Land has appointed Joanne McNamara as its new chief executive officer, succeeding Simon Carter, who is stepping down after 18 years with the company, including the last five as CEO. McNamara joins from Oxford Properties, where she currently serves as executive vice president, Europe. Oxford Properties is the global real estate...
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Lanvin Group appoints Xi Luo as chief financial officer
China-based luxury fashion group Lanvin Group announced the appointment of Xi Luo as chief financial officer, effective June 1, 2026. In this position, Luo will manage the financial operations of the company, including financial planning and analysis, accounting, controllership, treasury, investments, and investor relations. Luo possesses more...
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Genesco reports sales growth in first quarter
US footwear group Genesco reported a 3 percent increase in net sales for the first quarter of fiscal 2027, reaching 487 million dollars compared to 474 million dollars in the first quarter of fiscal 2026. The revenue increase was driven by a 2 percent rise in comparable sales, including a 3 percent gain in same store sales, which helped offset...
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Gap raises full year earnings outlook despite mixed brand performance
US specialty apparel company Gap Inc. has updated its full year guidance following its financial results for the first quarter ended May 2, 2026. The group reported a net sales increase of 1 percent to 3.50 billion dollars, while comparable sales rose 2 percent, marking the ninth consecutive quarter of positive growth. Standout quarter for Gap...
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Golden Goose reports 10 percent revenue growth in Q1 driven by D2C channel
Italian luxury label Golden Goose has announced its financial results for the first quarter ended March 31, 2026, delivering strong growth across all regions. The group reported net revenues of 173.22 million euros (201 million dollars), representing a 10 percent increase compared to the first quarter of 2025. This performance was primarily...
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Dick's Sporting Goods raises low end of full year outlook following Foot Locker acquisition
US sports retailer Dick's Sporting Goods today reported its financial results for the first quarter ended May 2, 2026, delivering strong comparable store sales growth and increasing the lower threshold of its annual sales guidance. The consolidated results reflect the operation of the recently acquired Foot Locker business for the entire 13-week...
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Lululemon enters cooperation agreement with Chip Wilson
Lululemon Athletica inc. has entered into a cooperation agreement with founder Dennis J. “Chip” Wilson, who holds approximately 8.7 percent of the outstanding common stock of the Canada-based company. As part of the agreement, Laura Gentile, former chief marketing officer of ESPN, and Marc Maurer, former co-chief executive officer of On, will...
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John Galantic resigns as Tod's CEO, returns to US
Tod’s SpA chief executive officer John Galantic has departed from the Italian fashion group, after less than two years in the role, Bloomberg reported. Galantic, who assumed the position of CEO in September 2024, left the luxury company known for its signature loafers at the end of April. A representative for Tod’s stated that the American...
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