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.
Loop Industries reports progress on global expansion, reduces Q2 loss
Loop Industries, a clean technology company focused on accelerating a circular economy for polyester, reported its consolidated financial results for the second quarter of fiscal year 2026, highlighting significant progress on its global expansion projects. Loop's financial results for the quarter reflect focused cost management, with cash...
BusinessMemberloading...
Shoppers Stop reports improved Q2 FY26 financial results
Shoppers Stop Ltd., a leading Indian department store, has announced its financial results for the second quarter of fiscal year 2026 (Q2 FY26), demonstrating sustained growth in its core business and new ventures despite macroeconomic challenges. The company reported consolidated net loss of 20.1 crore (2.29 million dollars) for the quarter...
BusinessMemberloading...
Watchmaker Fossil eyes IPO for Indian unit
Luxury watchmaker Fossil Group Inc. is reportedly considering an Initial Public Offering (IPO) for its Indian arm, Fossil India Pvt., aiming to capitalise on the country's booming market for new listings, according to a Bloomberg report. Following the news, the company's shares jumped 44 percent in Wednesday morning trading. Quoting people...
BusinessFeaturedMemberloading...
Showroomprivé to sell stake in The Bradery for 43.6 million euros
Showroomprivé (SRP Group), a European leader in flash sales, has announced its intent to sell its 52.75 percent stake in The Bradery brand back to its founders, Timothée Linyer and Edouard Caraco. The cash transaction values The Bradery at 43.6 million euros, reflecting the immense success of the platform since SRP Group acquired its majority...
BusinessMemberloading...
Max Fashion rebrands with new flagship store in Bengaluru
Max Fashion, an Indian fashion retailer, has inaugurated a new chapter for the brand with the launch of its flagship store at Phoenix Marketcity, Bengaluru, accompanied by a complete refresh of its brand identity. This comprehensive visual transformation introduces a refreshed logo, modern visual language, and reimagined store design, signalling...
Retailloading...
Vince Holding Corp. to transfer stock listing from NYSE to Nasdaq
Vince Holding Corp., a global contemporary retailer, has announced its voluntary decision to transfer its U.S. stock exchange listing from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market LLC (Nasdaq). The company anticipates that its common stock will cease trading on the NYSE on or around October 20, 2025, and will begin trading...
BusinessMemberloading...
Lanvin Group CFO David Chan to leave the company in October 2025
Lanvin Group, the global luxury fashion group, has announced that David Chan, its executive president and chief financial officer, will step down from his position, effective October 27, 2025, to pursue new professional opportunities. Since joining the Group at its inception, Chan has been instrumental in strengthening Lanvin Group’s strategic...
Peopleloading...
India's textile PLI scheme: Investment thresholds cut by half to boost growth
The Ministry of Textiles has announced significant revisions to the Production Linked Incentive (PLI) Scheme for man-made fibre (MMF) apparel, MMF fabrics, and products of technical textiles, aiming to accelerate growth and enhance the ease of doing business in the sector. These amendments are designed to encourage fresh investments and foster...
BusinessMemberloading...
Aritzia's U.S. sales drive record Q2, defying tariff headwinds
Aritzia, the design house offering Everyday Luxury, announced strong financial results for the second quarter of fiscal year 2026, driven by impressive growth in the United States. Net revenue surged 31.9 percent to 812.1 million Canadian dollars (58 million dollars), with comparable sales growing by 21.6 percent. The company’s performance was...
BusinessMemberloading...
Levi Strauss & Co. increases full-year guidance after strong Q3
Levi Strauss & Co. announced financial results for the third quarter ended August 31, 2025, with net revenues of 1.5 billion dollars, representing a 7 percent increase on both a reported and organic basis versus the prior year. Beyond Yoga net revenues increased 2 percent on a reported and organic basis. The company’s performance was highlighted...
BusinessFeaturedMemberloading...