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.
Kohl's achieves increased net income despite sales contraction in 2025
US retail group Kohl’s Corporation has released its financial results for the fourth quarter and full fiscal year ended January 31, 2026, revealing a period of foundational resetting amid a challenging sales environment. For the full year 2025, net sales decreased 4 percent to 14.80 billion dollars, while comparable sales saw a contraction of...
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Ross Stores begins 2026 expansion with 17 new locations
US-based off-price retailer Ross Stores has announced the opening of 17 new stores across 11 states during February and March. The expansion includes 13 Ross Dress for Less locations and four Dd’s Discounts stores, marking the first phase of the group’s strategic growth plan for the current fiscal year. The openings are part of a broader fiscal...
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Salomon North America strengthens leadership team with appointment of Laura Stauth
French mountain sports brand Salomon has announced the appointment of Laura Stauth as senior vice president of sales for its North American division, effective March 9, 2026. Stauth joins the company from VF Corporation owned brand Vans, where she most recently held the position of vice president of sales. In her previous role, Stauth was...
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Dhiren Fonseca to lead Rent the Runway board as executive chairman
US-based fashion rental platform Rent the Runway has announced the appointment of Dhiren Fonseca as executive chairman of the board of directors. Fonseca has served in the role since October 2025, bringing more than 30 years of experience in corporate strategy, technology, and digital commerce to the company. The appointment comes as the...
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Levi Strauss completes sale of Dockers brand to Authentic
US denim giant Levi Strauss announced the final closing of the sale of its Dockers brand to the US brand management firm Authentic Brands Group on February 27, 2026. This transaction marks a significant shift in the long-term strategy of the company as it seeks to streamline operations and focus on high-growth assets. The divestiture follows a...
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Soles4Souls acquires Erren Recondition to scale circular solutions
US-based nonprofit Soles4Souls has announced the acquisition of Erren Recondition, a Netherlands-based specialist in footwear and apparel reconditioning. The move is designed to enhance the ability of Soles4Souls to provide scalable circularity services for brands and retailers, focusing on extending product lifespans and reducing textile waste....
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N Brown Group adds The North Face to brand portfolio
UK retail platform N Brown has announced a new partnership with US outdoor label The North Face. The agreement will see 85 product lines launch across the digital platforms of N Brown, which include Jacamo, JD Williams and Simply Be. This development marks the first time The North Face collections will be available through the group. The...
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JD.com posts 13 percent revenue increase in 2025, driven by retail and fashion expansion
Chinese supply chain technology provider JD.com has reported a 13 percent increase in total net revenues for the full year 2025, reaching 1,309.09 billion RMB (187.2 billion dollars). The Beijing-based company saw its core JD Retail segment achieve resilient performance, with operating profit for the year rising to 51.40 billion RMB compared to...
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Burlington Stores records 11 percent sales increase in Q4 2025
US off-price retailer Burlington Stores has announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026. The group reported a significant increase in earnings and sales, driven by robust comparable store sales and successful mitigation of external economic pressures. Fourth quarter performance exceeds...
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Lojas Renner's apparel segment drives 10.2 percent revenue growth
Brazilian retail group Lojas Renner reported a consolidated net income of 1.5 billion reais for the full year ended December 31, 2025, representing a 22 percent increase compared to the previous year. Highlights of full year results Retail net revenue rose by 9.2 percent year-over-year, supported by same-store sales growth of 8.1 percent. The...
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