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.
Textile Exchange appoints Jeremy Town as chief financial officer
US non-profit organisation Textile Exchange has announced the appointment of Jeremy Town as its new chief financial officer (CFO). As part of the senior leadership team, Town will oversee and maintain the financial health of the organisation, setting a strategic direction for its financial planning to support long-term growth and impact. Town...
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Vera Bradley's Q2 revenue increases to 71.6 million dollars
Luggage and fashion accessory company Vera Bradley, Inc. (Vera Bradley) has reported consolidated net revenues from continuing operations of 71.6 million dollars for the second quarter ended August 1, 2026. The figure represents a 1.1 percent increase compared to 70.9 million dollars recorded in the prior year second quarter ended August 2,...
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The Children’s Place reports net sales decline of 18.9 percent in second quarter
US-based children's specialty retailer The Children's Place, Inc. has announced its financial results for the second quarter ended August 1, 2026. Net sales for the period fell 18.9 percent to 241.8 million dollars, down from 298 million dollars recorded in the three months ended August 2, 2025. The drop was primarily driven by a 15 percent...
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WGACA appoints Rachel Zoe to lead style direction
US pre-owned luxury retailer What Goes Around Comes Around (WGACA) has named Rachel Zoe as its new style director. In her new role, Zoe will bring her perspective on vintage and fashion to seasonal collections, styling, special projects and events throughout the year. “Rachel has been part of the WGACA story for decades, and she understands this...
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Golden Goose H1 revenue growth driven by D2C momentum
Italian luxury footwear label Golden Goose Group has recorded a 15 percent revenue increase for the first six months ended June 30, 2026. Net revenues reached 380.4 million euros (439.5 million dollars), driven by momentum in its direct-to-consumer (D2C) channels. Adjusted EBITDA grew 9 percent YoY to 122.9 million euros, maintaining an adjusted...
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Debenhams Group sells Nasty Gal for 16 million dollars
UK-based online platform Debenhams Group, formerly known as Boohoo Group, has completed the sale of the Nasty Gal brand to US-based White Space Group New York, LLC, operating as WSG Brands (WSG). The total cash consideration for the global intellectual property rights of the label amounts to 16 million dollars. In the 2026 financial year, Nasty...
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Kirsten Green joins Gap board, bringing venture capital expertise
US specialty apparel retailer Gap Inc. has appointed Kirsten Green to its board of directors, effective immediately. Green is the founder and managing partner of US venture capital firm Forerunner. Since launching the firm in 2012, she has led investments in over 100 early-stage to scaling companies, including Warby Parker, Dollar Shave Club and...
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Rent the Runway records 20.8 percent revenue growth, appoints new CEO
US fashion platform Rent the Runway, Inc. (Rent the Runway) has reported a 20.8 percent increase in total revenue to 97.70 million dollars for the second quarter ended July 31, 2026, compared to 80.90 million dollars in the second quarter of fiscal 2025. The company stated that the performance represents an all-time high revenue for the...
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Sustainable fashion brand Reformation achieves double-digit growth
US sustainable fashion brand Reformation Inc. (Reformation) has reported a 24.1 percent increase in net revenue to 155.20 million dollars for the second quarter ended June 27, 2026, up from the prior-year period. The second quarter marked the Los Angeles-based company’s 21st consecutive quarter of double-digit top-line expansion and its first...
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Zumiez second quarter revenue declines on US softness
US specialty retailer Zumiez Inc. (Zumiez) has reported a 2.5 percent decrease in net sales to 209 million dollars for the second quarter ended August 1, 2026, compared to 214.30 million dollars in the second quarter of the previous fiscal year. Comparable sales for the 13-week period fell 2.1 percent. Net loss for the second quarter totaled...
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