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.
Vera Bradley posts Q3 revenue decline and net loss
Vera Bradley, Inc. announced its financial results for the third quarter ended November 1, 2025, reporting consolidated net revenues of 62.3 million dollars, a decrease from 70.5 million dollars in the prior-year quarter. The company's executive chairman, Ian Bickley, highlighted the "Project Sunshine" transformation strategy, a five-pillar...
BusinessMemberloading...
Lululemon CEO Calvin McDonald to step down amid U.S. challenges
Lululemon Athletica simultaneously announced its third quarter fiscal 2025 financial results and a major leadership transition, confirming that Calvin McDonald plans to step down as chief executive officer and a member of the board of directors, effective January 31, 2026. The board has commenced a comprehensive search for a new CEO. The...
BusinessFeaturedMemberloading...
Prada partners with Indian corporations for Kolhapuri chappal project
Luxury fashion house Prada has signed a Memorandum of Understanding (MoU) with two Indian government corporations, LIDCOM and LIDKAR, to launch the “PRADA Made in India x Inspired by Kolhapuri Chappals” project. The agreement was finalized yesterday at the Consulate General of Italy in Mumbai. The collaboration will create a limited-edition...
Retailloading...
J.Jill Q3 earnings beat but provides cautious Q4 outlook
J.Jill, Inc. reported financial results for the third quarter of fiscal year 2025, with net sales decreasing slightly by 0.5 percent to 150.5 million dollars, while total company comparable sales saw a 0.9 percent decline. Notably, direct-to-consumer net sales, representing 46.8 percent of total net sales, increased by 2 percent. Adjusted net...
BusinessMemberloading...
Club L London reports strong annual results driven by international growth
Club L London, the premium womenswear and lifestyle brand, has reported a record-breaking financial year for FY24-25, primarily driven by a surge in international expansion and strategic investments in infrastructure and technology. The company's turnover soared by 48 percent year-on-year, rising to 65.9 million pounds versus the previous year....
BusinessMemberloading...
G-III Apparel Group raises earnings guidance, initiates quarterly dividend
G-III Apparel Group, Ltd. announced its financial results for the third quarter of fiscal 2026, ended October 31, 2025, revealing net sales decrease of 9 percent to 988.6 million dollars compared to 1.09 dollars billion in the prior-year quarter. The company’s net income was 80.6 million dollars, or 1.84 dollars per diluted share. Despite the...
BusinessMemberloading...
Vince Holding posts strong Q3 performance and reveals positive outlook
Vince Holding Corp. reported robust financial results for the third quarter ended November 1, 2025, with total company net sales climbing 6.2 percent to 85.1 million dollars compared to the same period last year. This growth was widespread, fueled by a 6.7 percent increase in the wholesale segment and a 5.5 percent increase in the...
BusinessMemberloading...
Stuart Weitzman integration and tariffs drag down Caleres Q3 earnings
Footwear company Caleres reported third quarter 2025 financial results that showed positive sales momentum, but profitability took a significant hit due to costs associated with the recent 108.9 million dollars acquisition of Stuart Weitzman and ongoing tariff pressure. Consolidated sales for the quarter reached 790.1 million dollars, an...
BusinessMemberloading...
River Island losses deepen as restructuring efforts take hold
River Island Clothing Co. Limited reported a sharply increased pre-tax loss of 64 million pounds for the 52 weeks ended December 28, 2024, nearly doubling the 33.2 million pounds loss from the previous year, as the retailer grappled with a challenging market and prepared for a major restructuring. The primary driver of this deepened loss was a...
BusinessMemberloading...
Designer Brands Q3 shows sequential improvement amidst sales dip
Designer Brands Inc., a global designer, producer, and retailer of footwear and accessories, announced its financial results for the third quarter ended November 1, 2025, highlighting meaningful sequential improvement in its business transformation. While net sales saw a 3.2 percent decrease to 752.4 million dollars, and total comparable sales...
BusinessMemberloading...