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.
Vuori appoints former Nike COO Andrew Campion to board of directors
Vuori, the performance and lifestyle brand inspired by coastal California, has appointed Andrew Campion to its board of directors and its audit committee. Campion brings over 17 years of executive experience from Nike, where he served as chief operating officer, chief financial officer, and head of global strategy. Before his time at Nike, he...
Peopleloading...
Gap Inc. adds music industry leader Jody Gerson to board
Gap Inc. has appointed Jody Gerson, the chairman and CEO of Universal Music Publishing Group (UMPG), to its board of directors, effective immediately. Gerson is recognised as a trailblazer in the music and entertainment industry, with over three decades of experience leading digital transformation and championing creativity and innovation. She...
PeopleFeaturedloading...
Vera Bradley posts negative Q2, bets on iconic styles to drive turnaround
Vera Bradley, Inc. has announced its financial results for the second quarter of its fiscal year, which ended on January 31, 2026. The company's consolidated net revenues from continuing operations for the quarter were 70.9 million dollars, a notable decrease from 94 million dollars in the same period last year. Vera Bradley reported a net loss...
BusinessMemberloading...
Dickies acquired by Bluestar Alliance in 600 million dollars deal
VF Corporation has announced a definitive agreement to sell its Dickies brand to Bluestar Alliance for 600 million dollars in cash. The transaction is expected to close by the end of 2025, pending regulatory approvals. A new chapter for an iconic brand Dickies is an iconic American brand known for its durable workwear that has also become a key...
BusinessFeaturedMemberloading...
Gola brand fuels Jacobson Group's record growth
The Jacobson Group, a company that owns a portfolio of British footwear brands, has reported a record financial performance for the year ending December 28, 2024. The company's turnover increased by 38 percent to 36.4 million pounds, driven by rapid growth in its e-commerce channels and strong performance with its retail and distribution...
BusinessMemberloading...
Skechers goes private: 3G Capital completes acquisition
Skechers U.S.A., Inc., the world's third-largest footwear company, has been acquired in a 9 billion dollars go-private deal with Brazilian private equity firm 3G Capital. The acquisition, which was first announced on May 5, 2025, has been completed, and as a result, Skechers' shares will no longer be traded on the NYSE as of September 12. The...
BusinessMemberloading...
MySize expands sizing solutions with ShoeSize.Me acquisition
MySize, a provider of AI-driven measurement and fashion technology solutions, has acquired ShoeSize.Me, a European company specialising in AI-powered footwear sizing. This acquisition, primarily a share-based deal, is a strategic move to preserve MySize's cash position while executing its business consolidation plan. With this acquisition,...
BusinessMemberloading...
Rent the Runway announces recapitalisation plan to reduce debt
Rent the Runway, a leading clothing rental service, has announced a recapitalisation plan aimed at strengthening its financial position and driving future growth. The company reported its financial results for the second fiscal quarter, ending on July 31, 2025, with revenue of 80.9 million dollars, a 2.5 percent increase year-over-year. The new...
BusinessMemberloading...
Vince Q2 sales drop, diversifies sourcing to reduce tariff exposure
Vince Holding Corp., a global contemporary retailer, reported its financial results for the second quarter, which ended on August 2, 2025. Despite a slight overall decrease in net sales, the company's direct-to-consumer segment showed strong growth, and its gross margin saw an improvement. Despite the macroeconomic uncertainty, the company's...
BusinessFeaturedMemberloading...
Primark sales growth slows, impacting ABF stock
Associated British Foods (ABF) has published a trading update for the second half of its financial year, which concludes on September 13, 2025. Following the company's cautious outlook, its shares experienced a sharp decline in London trading. According to The Wall Street Journal, the stock plunged by as much as 12 percent—to its lowest price in...
BusinessMemberloading...