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.
Lanvin Group appoints Xi Luo as chief financial officer
China-based luxury fashion group Lanvin Group announced the appointment of Xi Luo as chief financial officer, effective June 1, 2026. In this position, Luo will manage the financial operations of the company, including financial planning and analysis, accounting, controllership, treasury, investments, and investor relations. Luo possesses more...
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Genesco reports sales growth in first quarter
US footwear group Genesco reported a 3 percent increase in net sales for the first quarter of fiscal 2027, reaching 487 million dollars compared to 474 million dollars in the first quarter of fiscal 2026. The revenue increase was driven by a 2 percent rise in comparable sales, including a 3 percent gain in same store sales, which helped offset...
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Legal settlement boosts Buckle's profits
US denim and casualwear retailer The Buckle, Inc. (Buckle) has announced that net sales for the 13-week fiscal quarter ended May 2, 2026 increased 6.1 percent to 288.70 million dollars. Comparable store net sales for the period increased 5.1 percent and the retailer also experienced positive momentum across its e-commerce operations, with online...
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Marfa Stance appoints Jenna Littler as chief executive officer
UK outerwear brand Marfa Stance has appointed Jenna Littler as its new chief executive officer (CEO). Littler announced the appointment through a LinkedIn post, expressing her enthusiasm for joining the company and advancing the creative vision of the business. Prior to this role, Littler spent over 10 years at UK luxury fashion house Burberry,...
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American Eagle Outfitters reports 10 percent revenue increase in first quarter
The US retail group American Eagle Outfitters (AEO) announced financial results for the first quarter ended May 2, 2026, delivering double-digit top-line growth and operating income ahead of guidance. Total net revenue reached 1.20 billion dollars, representing a 10 percent increase compared to the same period last year. Total comparable sales...
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Gap raises full year earnings outlook despite mixed brand performance
US specialty apparel company Gap Inc. has updated its full year guidance following its financial results for the first quarter ended May 2, 2026. The group reported a net sales increase of 1 percent to 3.50 billion dollars, while comparable sales rose 2 percent, marking the ninth consecutive quarter of positive growth. Standout quarter for Gap...
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Kohl’s narrows Q1 net loss driven by inventory and expense reductions
US retail group Kohl’s Corporation (Kohl’s) has announced its financial results for the first quarter of fiscal year 2026, revealing a slight decline in top-line revenue alongside improved inventory management and lower operating expenses. Net sales for the US company decreased 1.7 percent year-over-year (YoY) to 3 billion dollars for the...
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Golden Goose reports 10 percent revenue growth in Q1 driven by D2C channel
Italian luxury label Golden Goose has announced its financial results for the first quarter ended March 31, 2026, delivering strong growth across all regions. The group reported net revenues of 173.22 million euros (201 million dollars), representing a 10 percent increase compared to the first quarter of 2025. This performance was primarily...
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Dick's Sporting Goods raises low end of full year outlook following Foot Locker acquisition
US sports retailer Dick's Sporting Goods today reported its financial results for the first quarter ended May 2, 2026, delivering strong comparable store sales growth and increasing the lower threshold of its annual sales guidance. The consolidated results reflect the operation of the recently acquired Foot Locker business for the entire 13-week...
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Lululemon enters cooperation agreement with Chip Wilson
Lululemon Athletica inc. has entered into a cooperation agreement with founder Dennis J. “Chip” Wilson, who holds approximately 8.7 percent of the outstanding common stock of the Canada-based company. As part of the agreement, Laura Gentile, former chief marketing officer of ESPN, and Marc Maurer, former co-chief executive officer of On, will...
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