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.
Innovative Eyewear reports record sales growth for first quarter 2026
US-based smart eyewear developer Innovative Eyewear has announced preliminary unaudited sales results for the first quarter ended March 31, 2026. The company, which manufactures products under the Lucyd, Reebok, Nautica, and Eddie Bauer brands, achieved preliminary first quarter (Q1) sales of approximately 0.81 million dollars. This figure...
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Tailored Brands files for confidential IPO submission
US menswear retailer Tailored Brands has announced the confidential submission of a proposed initial public offering (IPO) of its common stock. The group, which operates as an omnichannel specialty retailer, has not yet determined the number of shares to be offered or the price range for the proposed transaction. The completion of the IPO...
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Sky News report: JD Sports chairman Andy Higginson to depart in unexpected exit
UK-based retailer JD Sports Fashion is preparing for the departure of its chairman, Andy Higginson, who is expected to step down from the board in the coming months. The news, reported by Sky News, marks a significant change for the leadership of the largest listed sporting goods group in the UK. The report added that Higginson, a retail veteran...
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Clarks returns to profitability as turnaround strategy takes hold
British footwear brand Clarks has reported a return to the black for the financial year ended December 31, 2025. The Somerset-based company achieved an operating profit of 66.30 million pounds (89.55 million dollars), a significant recovery from the 18.10 million pounds loss recorded during the previous year. The group attributed this...
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Bylt expands leadership and retail footprint to drive omnichannel growth
US apparel brand Bylt has announced a series of strategic initiatives designed to transition the company from a digitally native entity into a fully scaled omnichannel brand. The California-based company, founded in 2016 in Irvine, confirmed the appointment of several senior executives alongside plans for retail expansion and its first foray...
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Antler reports fourth consecutive year of double-digit growth
British travel brand Antler has announced strong financial results for its fiscal year ending February 28, 2026, recording global gross sales of 52 million pounds (70.15 million dollars). The performance represents a 17 percent increase compared to the previous year and marks the fourth consecutive year of double-digit growth for the company....
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Primark to separate from Associated British Foods by 2027
UK-based diversified group Associated British Foods (ABF) has announced a definitive plan to demerge its retail business, Primark, from its food operations. The decision follows an in-depth strategic review initiated in November 2025 and is intended to be completed before the end of the 2027 calendar year. The demerger is supported by ABF’s...
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California AG: Amazon forced Levi’s, Hanes to raise prices
California Attorney General Rob Bonta has released a series of unredacted court documents detailing how US e-commerce giant Amazon allegedly pressured fashion and lifestyle brands to inflate prices across the retail market. The filings, part of an ongoing antitrust lawsuit in the San Francisco Superior Court, implicate major industry names such...
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Mulberry's 'Back to Mulberry Spirit' strategy boosts global sales performance
British lifestyle brand Mulberry has delivered a strong sales performance for the second half of the 2026 financial year, supported by a turnaround strategy focused on brand reignition and full price discipline. The group reported constant currency sales growth of 13.6 percent during the second half (H2) of the 52 weeks ended March 28, 2026....
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Associated British Foods signals potential Primark demerger
UK-based group Associated British Foods (ABF) is anticipated to present a strategy to decouple its Primark fashion business from its diversified food portfolio this Tuesday, according to Reuters. The move follows a comprehensive structural assessment intended to enhance long-term shareholder value. Primark currently maintains a retail footprint...
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