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.
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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Havaianas owner Alpargatas reports record performance in Brazil and international recovery
Brazilian footwear giant Alpargatas, the parent company of Havaianas, has concluded its 2025 fiscal year with record-breaking results in its domestic market and a return to profitability for its international operations. The group reported a net income of 567.89 million reals (107.88 million dollars) for the full year, representing the highest...
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Gap reports second year of topline growth amid strategic transformation
NEW YORK — Gap Inc. has reported financial results for the fourth quarter and fiscal year ended January 31, 2026, marking what the company describes as a transition from ‘fixing fundamentals’ to a ‘building momentum’ phase. The US-based specialty apparel group achieved net sales of 15.40 billion dollars for the full year, representing a 2...
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Antler promotes Kirsty Glenne to chief executive officer of ATRB group
UK heritage luggage label Antler has appointed its managing director, Kirsty Glenne, to the position of chief executive officer of ATRB, a newly formed house of brands overseeing Antler, Paravel, and Nere. The leadership transition, effective March 5, 2026, marks the evolution of the 110-year-old company into a multi-brand global entity...
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Van de Velde reports revenue recovery in second half of 2025
Belgian lingerie group Van de Velde (VdV) has reported a positive turnaround in the latter half of its 2025 financial year, following a challenging start to the period. The company realized revenue growth of 1.9 percent in the second half of the year. However, full-year figures remained slightly below the previous year's levels. Comparable...
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