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.
Levi Strauss strengthens board with appointment of Jeffrey J. Jones II
Levi Strauss & Co. (LS&Co.) announced that its board of directors has appointed Jeffrey J. Jones II as its newest member, effective January 21, 2026. Upon joining, Jones will serve on both the nominating, governance and corporate citizenship committee and the compensation and human capital committee. The appointment comes as the iconic apparel...
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Re-START Alliance launches Cluster Collective to scale textile recycling in India
The Re-START Alliance, an initiative focused on scaling textile recycling and convened by Laudes Foundation with founding partners Canopy, Fashion For Good, and IDH, launched its first flagship project: the Cluster Collective. This ambitious four-year programme, led and implemented by founding partner IDH, aims to unlock the significant economic...
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Silhouette elevates Kristin Kunkel as head of key accounts, e-commerce, and training
Silhouette, the largest independent and family-owned manufacturer of handcrafted luxury eyewear, announced a key promotion on December 15, 2025, appointing Kristin Kunkel as the new head of key accounts, e-commerce, and training for the U.S. sales team. In her expanded role, Kunkel will be responsible for overseeing strategic development and...
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Rent the Runway achieves 15.4 percent revenue growth in Q3 driven by subscriber increase
Rent the Runway, Inc. reported financial results for the fiscal quarter ended October 31, 2025, demonstrating execution on its multi-year transformation plan with significant strategic and operational milestones. Revenue grew 15.4 percent year-over-year to 87.6 million dollars, driven by subscriber growth, with ending active subscribers...
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Lululemon CEO Calvin McDonald to step down amid U.S. challenges
Lululemon Athletica simultaneously announced its third quarter fiscal 2025 financial results and a major leadership transition, confirming that Calvin McDonald plans to step down as chief executive officer and a member of the board of directors, effective January 31, 2026. The board has commenced a comprehensive search for a new CEO. The...
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Prada partners with Indian corporations for Kolhapuri chappal project
In a significant collaboration aimed at celebrating and globalizing Indian craftsmanship, the luxury fashion house Prada has signed a Memorandum of Understanding (MoU) with two key state-owned Indian government corporations: LIDCOM (Sant Rohidas Leather Industries and Charmakar Development Corporation Ltd) and LIDKAR (Dr. Babu Jagjivan Ram...
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Quick fashion platform Knot secures 5 million dollars in fresh funding
Knot, Mumbai's rapidly accelerating 60-minute fashion delivery platform, has successfully raised 5 million dollars in a new funding round. The investment was spearheaded by 12 Flags, with continued backing from existing investors Kae Capital and Boundless Ventures. This significant capital injection, coming just three months after the company's...
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Apparel Group launches Levi's Kids in India, tapping into premium kidswear market
Apparel Group, a prominent fashion and lifestyle retail company, has officially announced the launch of Levi's Kids in the Indian market, marking a significant expansion of its ongoing partnership with Levi Strauss & Co. This strategic move introduces one of the world's most recognized denim brands to a new generation of Indian consumers,...
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G-III Apparel Group raises earnings guidance, initiates quarterly dividend
G-III Apparel Group, Ltd. announced its financial results for the third quarter of fiscal 2026, ended October 31, 2025, revealing net sales decrease of 9 percent to 988.6 million dollars compared to 1.09 dollars billion in the prior-year quarter. The company’s net income was 80.6 million dollars, or 1.84 dollars per diluted share. Despite the...
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Vince Holding posts strong Q3 performance and reveals positive outlook
Vince Holding Corp. reported robust financial results for the third quarter ended November 1, 2025, with total company net sales climbing 6.2 percent to 85.1 million dollars compared to the same period last year. This growth was widespread, fueled by a 6.7 percent increase in the wholesale segment and a 5.5 percent increase in the...
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