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.
Kontoor Brands raises full-year EPS forecast after strong Q2
US-based apparel group Kontoor Brands has released its financial results for the second quarter ended July 4, 2026, reporting a 19 percent increase in revenue to 584 million dollars. The performance was supported by sustained growth from Wrangler, expanded direct-to-consumer (D2C) channels, and an above-expectation contribution from Helly...
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Joseph Alkire assumes expanded role as Kontoor Brands president and CFO
US-based apparel company Kontoor Brands has appointed Joseph Alkire to the role of president and chief financial officer, effective immediately. In his expanded role, Alkire will maintain global responsibilities for the Helly Hansen brand and will expand his oversight to include the Wrangler brand. In addition, he will continue in his role as...
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Veste reports highest Q2 net income in seven years
Brazilian high-end fashion retailer Veste S.A. Estilo (Veste) has reported its financial results for the second quarter of 2026 (Q2), posting its highest net income for the period in seven years. The São Paulo-based group recorded an adjusted net income of 30.7 million reais (5.93 million dollars), marking an 80.5 percent increase compared to 17...
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Under Armour navigates challenging consumer environment in Q1 2027
US sportswear brand Under Armour, Inc. (Under Armour) recorded net sales decrease of 3 percent to 1.10 billion dollars, or 4 percent on a constant currency basis for the first quarter of fiscal 2027 ended June 30, 2026. The group recorded net income of one million dollars, down from the prior-year period. On an adjusted basis, net income reached...
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Lionel Conacher to lead Destination XL as interim chief executive officer
US big and tall men’s wear retailer Destination XL Group, Inc. (DXL) has announced that board chairman Lionel Conacher will assume the additional role of interim chief executive officer, effective August 12, 2026. Conacher will retain his responsibilities as chairman of the board. The executive appointment follows the retirement of Harvey...
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The RealReal achieves 22 percent GMV growth in second quarter 2026
US-based luxury resale platform The RealReal, Inc. (The RealReal) announced its financial results for the second quarter ended June 30, 2026. The San Francisco-based marketplace achieved a record quarterly gross merchandise value (GMV) of 617 million dollars, representing a 22 percent compared to the second quarter of 2025. Total revenue for the...
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Warby Parker: Q2 revenues grow 9.8 percent
US eyewear retailer Warby Parker Inc. (Warby Parker) has announced its financial results for the second quarter ended June 30, 2026 with net revenue for the New York-based direct-to-consumer (D2C) brand increasing 9.8 percent to 235.5 million dollars. Active customers grew 4.1 percent on a trailing 12-month basis to reach 2.71 million, while...
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Havaianas parent Alpargatas posts 11.3 percent net sales growth in second quarter
Brazilian footwear manufacturer Alpargatas SA (Alpargatas), the parent company of flip-flop label Havaianas, reported its financial results for the second quarter ended June 30, 2026. Consolidated net sales reached 1.23 billion Brazilian reals (0.24 billion dollars), representing an 11.3 percent increase compared to 1.10 billion Brazilian reals...
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Digital Brands Group receives unsolicited buyout proposal
US apparel and e-commerce business Digital Brands Group, Inc. (DBG) has confirmed receipt of an unsolicited buyout proposal to acquire all outstanding shares of common stock for 77.58 dollars per share in cash. The acquisition offer was submitted by an existing shareholder with a net worth exceeding one billion dollars. The proposal represents a...
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Alia Gogi Joins Dr. Martens Board of Directors
UK footwear brand Dr. Martens plc (Dr. Martens) has announced the appointment of Alia Gogi as an independent non-executive director, effective September 1, 2026. Upon joining the board, Gogi will also become a member of the audit and risk, remuneration, and nomination committees. International retail and commercial experience Gogi brings...
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