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.
Avery Dennison reports sales growth in second quarter 2026
US materials science and digital identification solutions company Avery Dennison Corporation (Avery Dennison) has announced its preliminary financial results for the second quarter ended June 30, 2026. Reported net sales reached 1.8 billion dollars for its Materials Group division and 667 million dollars for its Solutions Group division. Overall...
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Amazon Q2 net sales jump 20 percent as cloud and retail surge
US e-commerce and technology conglomerate Amazon.com, Inc. (Amazon) announced its financial results for the second quarter ended June 30, 2026. Net sales for the Seattle-based group increased 20 percent to 200.60 billion dollars, compared with 167.70 billion dollars in the second quarter of 2025. Foreign exchange rates provided a favorable...
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Columbia Sportswear reports second quarter net sales growth supported by tariff refunds
US outdoor apparel and footwear manufacturer Columbia Sportswear Company (Columbia Sportswear) announced its financial results for the second quarter ended June 30, 2026. Net sales for the Portland, Oregon-based group increased 2 percent to 614.4 million dollars compared to 605.2 million dollars in the prior-year period. On a constant-currency...
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Crocs brand surpasses one billion dollars in quarterly revenue
US footwear company Crocs, Inc. (Crocs) reported its financial results for the second quarter ended June 30, 2026. Consolidated revenues rose 2.6 percent, or 2 percent on a constant currency basis, reaching 1.18 billion dollars. The growth was led by the flagship Crocs brand, which surpassed one billion dollars in quarterly revenue for the first...
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Former Pandora CEO Alexander Lacik appointed to Burberry board
UK luxury house Burberry Group plc (Burberry) has appointed Alexander Lacik to its board of directors as an independent non-executive director. The executive will also serve as a member of the nomination committee, with the appointment taking effect on September 1, 2026. Lacik brings over 30 years of international commercial experience across...
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HanesBrands acquisition drives Gildan's revenue surge
Canadian apparel manufacturer Gildan Activewear Inc. (Gildan) announced its financial results for the second quarter ended June 28, 2026. The Montreal-based business recorded net sales from continuing operations of 1.58 billion dollars, representing a 72.3 percent increase compared to 918.50 million dollars in the prior-year period. The top-line...
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Boot Barn reports strong Q1 results
US retailer Boot Barn Holdings, Inc. (Boot Barn) announced its financial results for the first fiscal quarter ended June 27, 2026. Net sales increased 17.7 percent to 593.5 million dollars compared to the prior-year period. Consolidated like-for-like (LFL) sales increased 4.7 percent for the period. Retail store LFL sales grew 3.8 percent while...
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Kohl's appoints Wendy Arlin as new board chair
US department store chain Kohl’s Corporation (Kohl’s) has announced that Wendy Arlin has been unanimously elected as the new chair of its board of directors, effective immediately. Arlin succeeds John Schlifske, who is retiring from the board for personal reasons after nearly 15 years of service. Arlin has served as a director on the Kohl’s...
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SMCP records strong profitability in H1 driven by strict full-price strategy
French fashion group SMCP announced its consolidated financial results for the first half ended June 30, 2026. The Paris-based parent company of Sandro, Maje, Claudie Pierlot, and Fursac recorded net sales of 597 million euros (680.7 million dollars), representing an organic growth of 0.6 percent compared to 601.10 million euros in the...
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Frasers Group builds 4.16 percent exposure in Burberry
UK retail conglomerate Frasers Group has disclosed a 4.16 percent exposure in luxury fashion label Burberry Group plc (Burberry), according to a regulatory filing released by the London-based company on July 28, 2026. The FTSE 250 retail business, controlled by billionaire Mike Ashley, has steadily expanded its financial position in the luxury...
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