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.
Donald Kohler named global brand president and CEO of Banana Republic
US retail conglomerate Gap Inc has appointed Donald Kohler as the global brand president and chief executive officer of Banana Republic. The executive will assume his new role in July 2026 and will be based at the corporate headquarters in San Francisco. Kohler brings more than three decades of leadership experience across the luxury, premium...
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Centric Brands to scale Claire's across 7,000 North American retail locations
The US-based lifestyle brand collective Centric Brands LLC has entered into an exclusive licensing agreement with the US-based youth retailer Claire’s. The partnership, formed in collaboration with the US-based investment firm Ames Watson, aims to expand the retail presence of Claire’s into new product categories and more than 7,000 additional...
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Lululemon founder expresses readiness for constructive board resolution
Chip Wilson, founder of Canadian brand Lululemon Athletica (Lululemon) and one of the largest shareholders of the company, has released a statement regarding ongoing settlement discussions with the board of directors. Wilson expressed optimism about reaching a swift conclusion to the public dispute, highlighting that both parties appeared to be...
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Lululemon board defends strategic turnaround plan amidst growth deceleration
US athletic apparel company Lululemon Athletica Inc. has filed definitive proxy materials with the Securities and Exchange Commission in connection with its upcoming annual meeting of shareholders scheduled for June 25, 2026. In an accompanying letter mailed to investors, the board of directors defended its strategic turnaround plan and strongly...
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Shein reportedly acquiring Everlane in 100 million dollar deal
Online fast fashion giant Shein is set to acquire US apparel brand Everlane from majority owner L Catterton in a deal valuing the retailer at approximately 100 million dollars, according to a report by Puck News published on Sunday, citing sources familiar with the transaction. Reuters also reported the development, citing the Puck News article....
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Misto Holdings: Q1 revenue up 4.2 percent driven by Acushnet and Greater China expansion
South Korean global brand portfolio company Misto Holdings, formerly known as Fila Holdings, announced its financial results for the first quarter of 2026 through a regulatory filing on May 15, 2026. Consolidated revenue for the first quarter of 2026 increased 4.2 percent year-over-year to 1.30 trillion South Korean won (864.26 million dollars),...
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MySize reports Q1 revenue increase of 62 percent driven by e-commerce and acquisitions
The Israeli fashion technology firm MySize has announced its financial results for the first quarter ended March 31, 2026, revealing a significant increase in turnover and gross margin expansion. The company, which focuses on artificial intelligence (AI) sizing solutions and e-commerce operations, reported that revenue for the first quarter (Q1)...
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Wolverine Worldwide achieves strong Q1 growth driven by active group
The US footwear group Wolverine World Wide has reported a robust financial performance for the first quarter ended April 4, 2026. The company saw total revenue reach 457.60 million dollars, marking an 11 percent increase compared to the 412.30 million dollars recorded in the previous year. On a constant currency basis, revenue grew by 7.3...
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Canada Goose posts 13.3 percent revenue increase for fiscal year 2026
Canadian luxury brand Canada Goose has announced its financial results for the fourth quarter and fiscal year ended March 29, 2026, revealing a total annual revenue increase of 13.3 percent to 1.53 billion Canadian dollars (1.11 billion dollars). The performance was bolstered by a strong direct-to-consumer (DTC) showing and an expansion of its...
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Boot Barn reports record annual sales of 2.25 billion dollars
US western and workwear retailer Boot Barn Holdings (Boot Barn) has announced record financial results for the fiscal year ended March 28, 2026 (Fiscal 2026), marked by double-digit growth in net sales and significant physical expansion. The company reported a 17.9 percent increase in annual net sales, reaching 2.25 billion dollars compared to...
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