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.
Walmart highlights fashion strength while navigating macroeconomic headwinds
The US-based retail giant Walmart concluded fiscal year 2026 with record annual revenue of 713.16 billion dollars, marking a 4.7 percent increase (5.1 percent in constant currency). Despite achieving standalone profitability in its e-commerce segment, management emphasized a balanced outlook for fiscal year 2027, factoring in significant...
BusinessFeaturedMemberloading...
Debenhams secures 40 million pounds in oversubscribed fundraise
Online retailer Boohoo, now trading as Debenhams, has successfully completed an upsized and significantly oversubscribed fundraise, generating gross proceeds of approximately 40 million pounds (54.04 million dollars). The capital raise, upscaled from an original target of 35 million pounds due to strong investor demand, consisted of a placing...
BusinessMemberloading...
Delta Galil reports strong Q4 and full-year 2025 financial results
Caesarea, Israel-based apparel manufacturer Delta Galil Industries has reported strong financial results for the fourth quarter and full year ended December 31, 2025, demonstrating resilience despite a complex global retail landscape. For the full year, sales climbed 4 percent to 2,118.9 million dollars, supported by fourth-quarter performance...
BusinessMemberloading...
eBay announces strong 2025 results and definitive agreement to acquire Depop
eBay Inc. reported robust financial results for the fourth quarter and full year of 2025, a period chief executive officer Jamie Iannone described as a "milestone year" driven by disciplined strategic execution and a focus on recommerce. For the full year ended December 31, 2025, the company generated 11.1 billion dollars in revenue, an 8...
BusinessFeaturedMemberloading...
Sports apparel drives Björn Borg's 2025 growth with 24 percent segment increase
Stockholm-based sports fashion group Björn Borg has published its year-end report for 2025, revealing record profitability and sustained sales growth. For the full year, group net sales increased by 5.5 percent to 1,043.9 million Swedish kronor (116.8 million dollars), up from 989.7 million Swedish kronor in 2024. Adjusted for currency effects,...
BusinessMemberloading...
Li & Fung secures licensing agreement for C&C California
Hong Kong-based supply chain and logistics giant Li & Fung has announced a new licensing partnership with C&C California, a contemporary lifestyle brand under the Established.Lifestyle division. Facilitated by ACI Licensing, the deal grants Li & Fung category exclusivity for womenswear across swimwear, sleepwear, loungewear, and outerwear. The...
BusinessMemberloading...
Perfect Moment achieves first profitable quarter as full-price model takes hold
London-based, French luxury lifestyle brand Perfect Moment has reached a significant financial milestone, reporting its first profitable quarter for the period ended December 31, 2025. Results for the fiscal third quarter of 2026 highlight a successful transition toward a full-price brand model and expanded product diversification beyond...
BusinessFeaturedMemberloading...
Crocs records 2025 revenue of 4 billion dollars despite consolidated decline
Broomfield-based footwear giant Crocs reported that its full-year 2025 revenue exceeded 4 billion dollars despite a slight consolidated decline of 1.5 percent compared to the previous year. The company’s performance was bolstered by the Crocs brand, which saw international revenues grow by 11.9 percent to 1.62 billion dollars, offsetting a 6.8...
BusinessMemberloading...
Eddie Bauer shifts to digital-first strategy amidst retail operator bankruptcy filing
Iconic American outdoor brand Eddie Bauer has entered a transformative period characterized by a strategic bifurcation of its business model. While the brand’s intellectual property (IP) owner, Authentic Brands Group (Authentic), accelerates a high-performance digital and wholesale strategy, the company’s North American retail operator has filed...
Retailloading...
Designer Brands appoints Sheamus Toal as chief financial officer
US-based footwear and accessories retailer Designer Brands Inc. has named Sheamus Toal as executive vice president, chief financial officer (CFO), and principal financial officer. Toal will officially join the company on February 16, 2026, taking over from Mark Haley, who has served as interim principal financial officer. Following the...
Peopleloading...