Articles by Rachel Douglass
Rachel has been with FashionUnited since mid-2021. Descending from the UK, she moved to the Netherlands in 2014 to attend Amsterdam Fashion Institute, where she studied a BA in International Fashion and Branding with a specialisation in Journalism.
At FashionUnited, Rachel covers daily news, from store openings to acquisitions, alongside which she focuses on research-based stories, interviews and on-the-ground event reporting. Her topics of interest include digital fashion, independent retail and current trends.
Rent the Runway narrows losses as FY24 revenue picks up pace
Rental platform Rent the Runway (RTR) has reported narrowing losses for the fiscal year 2024, after results for the fourth quarter continued the positive trajectory seen over much of the period. During the year as a whole, revenue was up 2.7 percent year-over-year reaching 306.2 million dollars, while net losses narrowed from 113.2 million...
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JD.com commits to supporting Chinese exporters amid tariff uncertainty
E-commerce giant JD.com is set to launch a 200 billion yuan (20.57 billion pounds) fund to help support Chinese exporters as uncertainty over tariffs continues to weigh on the market. In a statement to Reuters, the Chinese firm said it would send its own employees to domestic companies associated with foreign trade to purchase their “...
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‘Fear of regulation’: New BFC-backed report underlines obstacles in development of circular business models
As increasing regulation unfolds in the pursuit of establishing a more circular industry, obstacles and challenges faced by UK brands in their attempts to align with these changes are becoming more and more clear. It is exactly this that is explored in a new report by UK-US consultancy firm Clarasys, backed by the British Fashion Council’s (BFC)...
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TikTok forms SME Council in UK to help shape local policies
Video-based social media platform TikTok has announced the launch of its first council for small-to-medium businesses in the UK, as it looks to establish a means to amplify entrepreneurs’ voices to local policymakers. The SME Council is made up of 20 small businesses that are using TikTok as a platform to reach new customers and sell their...
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Matches debt surges beyond estimates to 50 million pounds
Just over a year on from its administration, challenges triggered by Matches’ collapse continue to unravel. According to new documents filed by the company’s administrators, creditors of the former luxury e-tailer are now said to be owed around 49.5 million pounds, surpassing previously cited estimates. In the documents provided by administrator...
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Established Incorporated and ACI Licensing form joint venture to acquire four brands
Brand licensing firm Established Incorporated has established a strategic joint venture with ACI Licensing to acquire and manage four lifestyle brands; Badgley Mischka, C&C California, Kay Unger and Rachel Rachel Roy. As part of the deal, Established will own a controlling 51 percent ownership stake in the group, while ACI will retain 49...
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Frasers Group to launch Sports Direct in ANZ region with Accent Group
Frasers Group has secured a 25-year strategic retail agreement with Accent Group that will see its sportswear retailer, Sports Direct, launch across Australia and New Zealand. The company said it is planning to open 100 stores in the region, with further opportunities among other retail and business segments to be potentially explored in the...
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Christian Dior quarterly revenue down amid ‘disrupted geopolitical’ environment
Luxury group Christian Dior posted a revenue of 20.3 billion euros for the first quarter of 2025, a slight decline on the same period of the year prior as the “disrupted geopolitical and economic environment” continued to take effect. Overall group revenue dropped 2 percent on the 20.69 billion euros recorded in the first quarter of 2024, with...
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Trove acquires German resale platform Reverse.supply
Resale technology firm Trove has announced the acquisition of the German-based resale marketplace Reverse.supply as it continues on a mission to roll out its own platform internationally. Through the deal, which will bring Reverse.supply’s European expertise under Trove’s own wing, Trove said it “now offers the most comprehensive and scalable...
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US consumers projected to spend 23.6 billion dollars over Easter weekend
Ahead of the Easter weekend, the National Retail Federation (NRF) has released its annual survey projecting consumer spending for the holiday period. Together with Prosper Insights, the organisation said consumers were planning to spend a total of 23.6 billion dollars on Easter this year, up from the 22.4 billion dollars spent in 2024. While...
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