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.
Footasylum taps former Gymshark executive Hannah Mercer as CEO
UK footwear and sportswear retailer Footasylum has announced the appointment of Hannah Mercer as its new chief executive officer. Mercer, who will officially assume the role at the start of May, joins the Rochdale-based company from British activewear brand Gymshark. At Gymshark, Mercer served as global general manager for wholesale, retail and...
Peopleloading...
Michael Kors appoints Corey Moran as chief marketing officer
US-based luxury group Capri Holdings has announced the appointment of Corey Moran as the chief marketing officer (CMO) for its Michael Kors brand. The appointment is scheduled to become effective on April 10, 2026. In this newly created position, Moran will be responsible for overseeing an integrated marketing organisation. His remit includes...
Peopleloading...
Torrid's 2025 performance: net sales decline amidst store optimization
For the fiscal year ended January 31, 2026, US-based apparel brand Torrid, which specialises in womenswear sizes 10 to 30, recorded annual net sales of 1.10 billion dollars, a 9.4 percent decrease versus the previous year. The company underwent significant structural changes during the period, including the closure of 151 locations deemed...
BusinessMemberloading...
Lands’ End returns to growth and announces strategic joint venture with WHP Global
American lifestyle brand Lands’ End has reported a return to topline growth for the fourth quarter of fiscal 2025, alongside a transformative partnership with brand management firm WHP Global. The agreement, which involves the formation of a joint venture (JV) to manage the brand’s intellectual property, is expected to eliminate the company’s...
BusinessMemberloading...
Destination XL reports fiscal 2025 net loss amid sector headwinds
The US specialty retailer Destination XL Group (DXL) has reported a net loss of 35.90 million dollars for the fiscal year 2025, ended January 31, 2026. This result compares to a net income of 3.10 million dollars in fiscal 2024. Total sales for the year reached 435 million dollars, representing a 6.9 percent decrease from the 467 million dollars...
BusinessMemberloading...
Caleres reports revenue growth amid Stuart Weitzman integration
US footwear group Caleres has announced its financial results for the fourth quarter and full fiscal year ending January 31, 2026, revealing a period of strategic transition marked by the integration of the Stuart Weitzman brand. The St. Louis-based company reported a fourth quarter net sales increase of 8.7 percent to 695.10 million dollars,...
BusinessMemberloading...
Swarovski reports revenue of 1.97 billion euros for fiscal year 2025
Swarovski store Credits: Swarovski Swiss-Austrian crystal group Swarovski has announced its financial results for the fiscal year ending December 31, 2025, reporting a year of broad-based progress and improved profitability. The family-owned business delivered 6 percent organic growth compared to the previous year, reaching 1.97 billion euros...
BusinessMemberloading...
Asos appoints Natasha Jeffers as managing director of global trading
British online fashion retailer Asos has announced the appointment of Natasha Jeffers to the newly created role of managing director of global trading. Jeffers will oversee the global profit and loss (P&L) statement for the company across the UK, the US, the EU, and the rest of the world. Her remit includes regional trading, pricing and...
Peopleloading...
Misto Holdings reports 31.6 percent growth in operating profit for 2025
South Korean brand portfolio company Misto Holdings, formerly known as Fila Holdings, has announced its financial results for the fourth quarter and full year of 2025. The Seoul-based group recorded consolidated revenue of 4.47 trillion South Korean won (2.98 billion dollars) for the full year, representing an increase of 4.7 percent...
BusinessMemberloading...
Macy’s returns to positive comparable sales growth in fiscal year 2025
US department store group Macy’s has reported its financial results for the fourth quarter and full fiscal year 2025, highlighting a return to positive comparable sales growth across its portfolio. The group, which operates Macy’s, Bloomingdale’s, and Bluemercury, exceeded its previous guidance despite navigating significant tariff headwinds...
BusinessMemberloading...