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.
Erinn Murphy joins Kontoor Brands to lead finance and operations at Helly Hansen
US-based apparel group Kontoor Brands has appointed Erinn Murphy as vice president, global head of finance and operations for Helly Hansen and corporate investor relations. Murphy will join the company in early May. As part of her new role, Murphy will relocate to Oslo, Norway, to serve as an international assignee and a member of the Helly...
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Fear of God eliminates CEO role after Bastien Daguzan's departure
US luxury label Fear of God has announced a significant shift in its corporate governance following the departure of its chief executive officer (CEO), Bastien Daguzan. The Los Angeles-based brand confirmed it has “made the decision to remove the office of the CEO from its organizational structure,” according to a statement cited by multiple...
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Stephan Schuster joins Vera Wang as commercial director for UK and Europe
US-based luxury label Vera Wang has named Stephan Schuster as its new commercial director for the UK and Europe. Schuster, who announced the appointment via the professional networking platform LinkedIn, will be tasked with establishing and driving the brand’s business across both e-commerce and wholesale channels within these key markets....
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Dr. Martens restructures leadership to drive consumer-first strategy
British footwear brand Dr. Martens has announced the appointment of general managers for its primary global markets. The move follows a broader initiative to simplify the operating model of the company in alignment with its new consumer-first strategy. The brand is transitioning to a market-level structure designed to increase proximity to the...
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DTC surge drives Levi Strauss to raise annual guidance
US-based denim leader Levi Strauss & Co. has reported robust financial results for the first quarter ended March 1, 2026, prompting the group to increase its full-year outlook. The company saw broad-based growth across all regions and channels, bolstered by its strategic pivot toward a direct-to-consumer (DTC) denim lifestyle model. Quarterly...
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Tapestry appoints Pinterest executive Matt Madrigal to board of directors
American luxury group Tapestry, the parent company of Coach and Kate Spade, has announced the appointment of Matt Madrigal to its board of directors. Madrigal, who currently serves as the chief technology officer of US visual discovery platform Pinterest, joins the board effective immediately. The addition of Madrigal increases the board...
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Burberry global headquarters to change hands for 131.8 million pounds
UK commercial real estate owner Derwent London has exchanged contracts for the disposal of Horseferry House SW1 to an overseas investor. The 164,900 square foot building serves as the global headquarters for British fashion brand Burberry. The transaction is valued at 131.8 million pounds (174.5 million dollars) before rental top-ups. The sale...
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Nike patent victory overturned in footwear dispute with Lululemon
US sportswear giant Nike has seen a jury verdict in its favour reversed by a federal judge in Manhattan, effectively nullifying a 355,450 dollars damages award against Canadian athleticwear company Lululemon USA Inc. (Lululemon). The decision, signed by district judge Arun Subramanian on March 24, 2025, follows a legal battle initiated in 2023....
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Nordstrom revenue reaches pre-pandemic peak following privatization
Seattle-based department store Nordstrom has seen its revenue return to levels last recorded before the global pandemic, occurring less than one year after the company transitioned to private ownership in a 6.25 billion dollars transaction, according to Bloomberg. The retailer reported that sales rose to approximately 15.80 billion dollars last...
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Wacoal acquires Glamorise to bolster digital growth
The US-based Wacoal International Corporation (WIC), which serves as the parent company of Wacoal America, Inc., has announced an agreement to acquire all issued and outstanding shares of Glamorise. Based in New York, Glamorise specializes in the design, development, and e-commerce-driven sales of women’s innerwear. The strategic move is...
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