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.
Coach performance propels Tapestry to double-digit annual sales and profit growth
US luxury group Tapestry, Inc. (Tapestry), the parent company of Coach and Kate Spade New York achieved double-digit top- and bottom-line growth across fourth quarter and full year. The performance for the period ending June 27, 2026, was driven by strong handbag demand at flagship brand Coach and international expansion across Asia and Europe....
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Mulberry appoints two independent non-executive directors
UK-based lifestyle brand Mulberry has appointed Sara Dickinson and Kenny Wilson to its board as independent non-executive directors, effective September 9, 2026. The appointments follow an earlier announcement made by the company on August 7, 2026. Dickinson will also serve as chair of the audit committee, while Wilson will join the remuneration...
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Brooks Running achieves 14 percent year-to-date revenue growth
US-based performance footwear and apparel brand Brooks Running (Brooks) has posted a record second quarter, delivering 14 percent year-to-date revenue growth as demand for its products remained strong across all regions and channels. During the first half of 2026, the brand grew 9 percent year-over-year (YoY) in the Americas. International...
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Marimekko reports steady Q2 net sales driven by APAC growth
Finnish lifestyle design company Marimekko has released its half-year financial report for January to June 2026. The Helsinki-based company recorded second-quarter (Q2) net sales of 43.9 million euros (50.57 million dollars), nearly matching the record comparison period of 44.5 million euros. The performance was supported by strong international...
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Fossil Group Q2: sales decline, profitability improves
US-based watch and lifestyle company Fossil Group (Fossil) has updated its full year guidance following performance above expectations in its second quarter ending July 4, 2026. Net sales reached 209.7 million dollars, representing a 4.9 percent decline on a reported basis and a 4.4 percent drop in constant currency compared to 220.4 million...
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Digital Brands Group forecasts positive cash flow starting September
US-based apparel and e-commerce business Digital Brands Group (DBG) has announced a major financial turnaround, forecasting positive cash flow starting in September. The Texas-based company stated that the operational shift is primarily being driven by the expansion of its collegiate programme, alongside growing momentum from its government...
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Kontoor Brands raises full-year EPS forecast after strong Q2
US-based apparel group Kontoor Brands has released its financial results for the second quarter ended July 4, 2026, reporting a 19 percent increase in revenue to 584 million dollars. The performance was supported by sustained growth from Wrangler, expanded direct-to-consumer (D2C) channels, and an above-expectation contribution from Helly...
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Joseph Alkire assumes expanded role as Kontoor Brands president and CFO
US-based apparel company Kontoor Brands has appointed Joseph Alkire to the role of president and chief financial officer, effective immediately. In his expanded role, Alkire will maintain global responsibilities for the Helly Hansen brand and will expand his oversight to include the Wrangler brand. In addition, he will continue in his role as...
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Madden NYC footwear collection debuts in India via digital-first strategy
US footwear company Steve Madden has launched its accessible fashion label Madden NYC in India on August 11, 2026. The rollout begins with a womenswear footwear collection, marking a strategic expansion of the brand's footprint in the South Asian market through its long-standing partnership with Indian retail company Reliance Brands Limited...
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Under Armour navigates challenging consumer environment in Q1 2027
US sportswear brand Under Armour, Inc. (Under Armour) recorded net sales decrease of 3 percent to 1.10 billion dollars, or 4 percent on a constant currency basis for the first quarter of fiscal 2027 ended June 30, 2026. The group recorded net income of one million dollars, down from the prior-year period. On an adjusted basis, net income reached...
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