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.
11 Studios launches second collection alongside international growth initiatives
Swedish fashion brand 11 Studios, based in Stockholm, has announced the launch of its second collection alongside four strategic initiatives aimed at scaling its international presence and streamlining operations. Founded in June 2026 by co-founder and chief executive officer Caroline Gunterberg and co-founder and creative director Johan Avedal,...
BusinessMemberloading...
Me+Em accelerates US retail expansion as full-year sales reach 190 million pounds
British modern luxury womenswear brand Me+Em has announced its financial results for the year ended January 2026, driven by continued global expansion and accelerating international demand. The Group reported a 29 percent increase in revenues to 190 million pounds (254 million dollars), up from 147.9 million pounds in 2025. Gross profit rose 28...
BusinessMemberloading...
Lenzing completes capital increase to raise 301.2 million euros
Austrian wood-based cellulose fibre producer Lenzing AG (Lenzing) has successfully completed its capital increase against contribution in cash with subscription rights for existing shareholders, raising gross proceeds of approximately 301.2 million euros (338 million dollars). The transaction, which was announced on October 1, 2026, involved the...
BusinessMemberloading...
DTC and wearables propel EssilorLuxottica to 7.49 billion euros in Q3
French-Italian eyewear giant EssilorLuxottica announced that consolidated revenue for the third quarter of 2026 reached 7.49 billion euros (8.40 billion dollars). This represents a year-over-year increase of 7.2 percent at constant exchange rates compared to the third quarter of 2025, or 9 percent at current exchange rates. For the first nine...
BusinessMemberloading...
Zalando appoints Tom Christenson as senior vice president for B2B
German e-commerce platform Zalando has strengthened its executive leadership team with the appointment of Tom Christenson as senior vice president for B2B, effective October 15, 2026. Christenson will oversee the group’s overarching business-to-business strategy. He joins to lead an integrated leadership team uniting Zalando's existing B2B...
PeopleMemberloading...
Muji expands Canadian presence with first Vancouver Island location
Japanese retailer Muji is expanding its footprint in Canada with the opening of its first store on Vancouver Island. Located inside the Mayfair Shopping Centre in Victoria, British Columbia, the new outpost marks the retailer's fifth location in the province and its third Canadian store opening within the past year. The 3,379-square-foot retail...
RetailMemberloading...
Adidas Q3: Tariff refund and full-price sales drive growth
German sportswear brand Adidas has reported record top and bottom-line results for the third quarter of 2026, prompting the company to raise its full-year operating profit guidance. Based on preliminary figures, revenues increased 9 percent to a record 7.25 billion euros (8.14 billion dollars) in the third quarter. In currency-neutral terms,...
BusinessMemberloading...
Lenzing debuts Remod collection and expands Tencel Lyocell - HV100 network
Austrian fiber manufacturer Lenzing Group has collaborated with Japanese denim manufacturer Kaihara Corporation to launch the Remod collection, showcasing new applications for wood-based fibers. Unveiled at the Kingpins Amsterdam trade show on October 14, 2026, the collection highlights three fiber options within denim applications: Tencel...
RetailMemberloading...
Torrid chief financial officer Paula Dempsey steps down
US direct-to-consumer apparel brand Torrid Holdings (Torrid) has announced that chief financial officer Paula Dempsey has resigned to pursue another opportunity. Dempsey will remain in the role through mid-November to ensure a smooth transition. Torrid has appointed Will Langley as interim chief financial officer, effective October 28, 2026....
Peopleloading...
Harry Arnett returns to Callaway as chief brand officer
US sports and apparel group Callaway Golf Company (Callaway) has announced the appointment of Harry Arnett as senior vice president, chief brand officer. Arnett previously served at Callaway from 2012 to 2019 as head of global brand and marketing. In his new role, Arnett will lead global brand strategy and demand-creation efforts for Callaway....
PeopleMemberloading...