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.
Björn Borg achieves strongest Q1 in company history with double-digit growth in sports apparel
Swedish sports fashion brand Björn Borg has reported the strongest first quarter in the history of the company, with record levels achieved for both net sales and operating profit. The group saw continued momentum in its sports apparel category, marking 15 consecutive quarters of double-digit growth for the division. Strong financial performance...
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Perfect Corp posts revenue growth amid privatization discussions
Taiwanese technology provider Perfect Corp, which specializes in artificial intelligence (AI) and augmented reality (AR) solutions for the fashion and beauty sectors, has released its financial results for the first quarter ended March 31, 2026. The company reported a 12 percent increase in total revenue, reaching 17.9 million dollars compared...
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J.Jill welcomes Kimberly Wallengren to drive marketing and brand growth
J.Jill appoints Kimberly Wallengren as chief marketing officer The US womenswear retailer J.Jill has announced the appointment of Kimberly Wallengren as senior vice president and chief marketing officer (CMO), effective April 27, 2026. This leadership addition is designed to support the next phase of growth for the company through the evolution...
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Rocky Brands reports net sales growth amid tariff challenges
US footwear manufacturer Rocky Brands has reported its financial results for the first quarter (Q1) ended April 29, 2026. The group saw net sales increase 9.1 percent to 124.4 million dollars compared to the year-ago quarter, driven by strong performance in its retail and contract manufacturing segments. Despite the top-line growth,...
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Former H&M executive Daniel Kulle joins Klekt board of directors
German-based marketplace Klekt has appointed Daniel Kulle as a board member to support the scaling of its international operations. Kulle, who has held several high-profile leadership positions within the global fashion sector, joins the European sneaker and streetwear platform as it seeks to capture a larger share of the global resale market....
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Lululemon appoints Esi Eggleston Bracey to board of directors
Canadian athletic apparel retailer Lululemon Athletica has announced the appointment of Esi Eggleston Bracey to its board of directors, effective April 28, 2026. Bracey joins the board as the company continues a five-year period of governance refreshment, during which it has appointed six new independent directors. Bracey most recently served as...
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BSN Sports acquires Sports Endeavors and Lax.com
US-based BSN Sports, a division of Varsity Brands and a marketer, manufacturer, and distributor of team sports apparel and equipment, has acquired Sports Endeavors and Lax.com. The move is designed to strengthen the position of the company in the specialized soccer and lacrosse markets while expanding its digital and distribution capabilities....
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Marks & Spencer menswear director joins UKFT board
British retailer Marks & Spencer (M&S) director of menswear, Mitch Hughes, has been appointed to the board of the UK Fashion & Textile Association (UKFT). Hughes, who currently leads the M&S Man division, brings nearly 30 years of experience within the UK fashion retail sector to the industry body. Hughes rejoined the London-based retailer M&S...
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Vinted's equity valuation hits 8 billion euros after 880 million euro secondary share deal
Lithuanian second-hand marketplace Vinted has completed a secondary share transaction of 880 million euros (1.030 million dollars). This latest move establishes an equity valuation of 8 billion euros for the consumer-to-consumer (C2C) platform. The transaction was led by Swedish investment firm EQT, British asset manager Schroders Capital, and...
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Claire’s ceases standalone operations in the UK and Ireland
Fashion accessories retailer Claire’s has shuttered all standalone stores across the UK and Ireland after entering administration for the second time within a 12-month period. Administrators from the financial advisory firm Kroll confirmed that 154 locations have ceased trading, resulting in more than 1,300 staff members being notified of...
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