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.
Mothercare posts annual loss as Boots exit and Middle East geopolitical tensions weigh on turnover
UK-based specialist parenting and kidswear group Mothercare has reported its full-year financial results for the 52-week period ended March 28, 2026, recording a statutory loss after tax of 5 million pounds. The performance represents a decline from a statutory profit of 6.2 million pounds achieved in the prior financial year ended March 29,...
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Fila-owner Misto Holdings posts 16.6 percent revenue increase in Q2
South Korean apparel group Misto Holdings has reported its financial results for the second quarter of 2026, recording consolidated revenue of 1.4 trillion South Korean won (approximately 988 million dollars), representing a 16.6 percent increase year-over-year (YoY). Consolidated operating profit for the period rose 62.3 percent YoY to 295.2...
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Asics EMEA revenue increases 32.9 percent in second quarter
Japanese sportswear brand Asics’ European division, Netherlands-based Asics EMEA, has reported its financial results for the second quarter of 2026, recording a revenue increase of 32.9 percent compared to the second quarter of 2025. Excluding Onitsuka Tiger, the performance was driven by profitable growth across all categories. The regional arm...
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Björn Borg records highest H1 operating profit in company history despite sales dip
Swedish sports and fashion group Björn Borg AB (Björn Borg) has reported its interim financial results for the second quarter (Q2) and first six months ending June 30, 2026, delivering improved profitability and gross margin expansion despite top-line headwinds. H1 net profit rises by 30.9 percent First-half operating profit grew 30.9 percent to...
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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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