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.
Australian fashion brand Cotton On launches in India with Apparel Group
Dubai-based retail conglomerate Apparel Group has announced a strategic partnership with Cotton On, Australia's largest global fashion and lifestyle brand, to launch and scale the brand within the Indian market. The agreement, announced on February 17, 2026, targets India's rapidly expanding demographic of young, premium-buying consumers. The...
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Indian women-led trade mission concludes UK visit following landmark agreement
A delegation of 13 women-led Indian enterprises has concluded a trade mission to the UK, marking a significant milestone in the implementation of the bilateral Comprehensive Economic and Trade Agreement (CETA) signed on July 24, 2025. The mission, focused on the textiles and agrifood sectors, is the first women-centric initiative since the...
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Sports apparel drives Björn Borg's 2025 growth with 24 percent segment increase
Stockholm-based sports fashion group Björn Borg has published its year-end report for 2025, revealing record profitability and sustained sales growth. For the full year, group net sales increased by 5.5 percent to 1,043.9 million Swedish kronor (116.8 million dollars), up from 989.7 million Swedish kronor in 2024. Adjusted for currency effects,...
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Perfect Moment achieves first profitable quarter as full-price model takes hold
London-based, French luxury lifestyle brand Perfect Moment has reached a significant financial milestone, reporting its first profitable quarter for the period ended December 31, 2025. Results for the fiscal third quarter of 2026 highlight a successful transition toward a full-price brand model and expanded product diversification beyond...
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Crocs records 2025 revenue of 4 billion dollars despite consolidated decline
Broomfield-based footwear giant Crocs reported that its full-year 2025 revenue exceeded 4 billion dollars despite a slight consolidated decline of 1.5 percent compared to the previous year. The company’s performance was bolstered by the Crocs brand, which saw international revenues grow by 11.9 percent to 1.62 billion dollars, offsetting a 6.8...
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RSWM achieves margin expansion despite revenue decline in Q3
Indian textile manufacturer RSWM has announced its financial results for the third quarter and nine months of the 2025/26 financial year. The company reported a revenue of 10.93 billion rupees for the quarter ending December 31, 2025, a decrease of 5 percent. Management attributed this decline to softer demand conditions and uneven global...
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Eddie Bauer shifts to digital-first strategy amidst retail operator bankruptcy filing
Iconic American outdoor brand Eddie Bauer has entered a transformative period characterized by a strategic bifurcation of its business model. While the brand’s intellectual property (IP) owner, Authentic Brands Group (Authentic), accelerates a high-performance digital and wholesale strategy, the company’s North American retail operator has filed...
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Saks Global announces store footprint optimisation for profitable growth
Saks Global, the luxury retail entity formed through the acquisition of Neiman Marcus Group, has announced a strategic optimisation of its store footprint and service model to drive profitable growth. Store optimisation to drive growth The first phase of this transformation includes the closure of eight Saks Fifth Avenue locations and one Neiman...
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Converse initiates restructuring and layoffs amid slumping sales
Employees at Converse have been instructed to work from home as the Nike Inc. brand begins a restructuring process that includes job cuts. According to a Bloomberg report, the reorganization will involve the creation of new roles and team reassignments for remaining staff. In a memo viewed by Bloomberg News, Converse chief executive officer...
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Fossil Group names Shannon Freeze as chief people and communications officer
US-based lifestyle accessories company Fossil Group has announced the appointment of Shannon Freeze as chief people and communications officer. Freeze will join the executive leadership team on February 23, 2026, reporting directly to the chief executive officer, Franco Fogliato. In this newly defined role, Freeze will be responsible for...
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