Articles by Rachel Douglass
Rachel has been with FashionUnited since mid-2021. Descending from the UK, she moved to the Netherlands in 2014 to attend Amsterdam Fashion Institute, where she studied a BA in International Fashion and Branding with a specialisation in Journalism.
At FashionUnited, Rachel covers daily news, from store openings to acquisitions, alongside which she focuses on research-based stories, interviews and on-the-ground event reporting. Her topics of interest include digital fashion, independent retail and current trends.
Shein to reportedly confidentially file for Hong Kong IPO
Fast fashion giant Shein is believed to be planning to confidentially file a draft prospectus for a Hong Kong IPO. This is according to three sources for Reuters, one of which said the filing could be submitted as soon as this week. Two sources said that, if approved, Shein’s intention to file confidentially would be a waiver of one of the main...
BusinessMember10 hours ago
From Scandinavia to the world: NN.07 scales with precision and purpose
2024 was a big year for NN.07. The Danish brand celebrated record financial results, expansion in global markets and increased demand elsewhere. Now, half way into 2025, its team is continuing to grow with intention, taking a thought-out approach as to where they will take their next step. “The primary thing is that we stay true to our long-term...
Business|Interview FeaturedMember11 hours ago
Is New Look going up for sale?
A new report has emerged suggesting British retail giant New Look could soon be up for sale. According to Sky News, the clothing retailer’s owners, Alcentra and Brait, alongside New Look’s management, are reviewing options with advisors that could lead to the auctioning off of the business. The media outlet said that New Look is looking into...
BusinessMember12 hours ago
Circulose secures multi-year sourcing agreement with H&M
H&M Group has struck up a multi-year sourcing agreement with material manufacturer Circulose. The Swedish fashion giant has agreed to replace a “substantial share” of its virgin viscose used throughout its portfolio with Circulose’s own man-made fibres. The deal contributes to H&M’s wider mission of ensuring that 100 percent of its materials are...
BusinessMember13 hours ago
Lacoste taps Rémy Cointreau Group head as CEO
French label Lacoste has named Éric Vallat as its new chief executive officer. Vallat, who succeeds Thierry Guibert, will step into his new role from September 1. He will join the company from the Rémy Cointreau Group, where is currently wrapping up as chief executive officer. Prior to this, he had held the same position at Rémy Martin and had...
People14 hours ago
Footwear distributor Gardiners Group acquires Dubois
UK-based footwear distributor Gardiners Group has acquired Dubois, a European firm known to distribute brands like Sebago, CAT Footwear, Dickies and Gant. The takeover, for which financial terms were not disclosed, reflects Gardiners’ ambitions to accelerate global growth by increasing its presence in Europe. For Dubois, meanwhile, the...
BusinessMember14 hours ago
WHP Global strikes up licensing deal to bring Vera Wang contemporary line to UK and Europe
WHP Global has signed a new licensing deal for Vera Wang that will see the launch of an “advanced contemporary” ready-to-wear line across the UK and Europe. The New York-based brand management firm has struck up the deal with the Batra Group, which has just launched its new luxury division. The agreement, initially reported on by WWD, marks the...
BusinessMember15 hours ago
Perfect Moment announces proposed public offering
Luxury skiwear brand Perfect Moment has announced its intention to sell shares of its common stock in a proposed public offering. The company is looking to offer up 10 million shares at a price of 30 cents per share, resulting in potential gross proceeds of 3 million dollars. ThinkEquity is serving as sole book-running manager for the offering,...
BusinessMember16 hours ago
AI-powered fashion agent Gensmo secures 60 million dollars in funding
Just months after its launch in December 2024, AI-powered fashion agent Gensmo has closed on a seed funding round amounting to over 60 million dollars. The financing “signals that investors deeply believe in the company’s mission to bring real AI innovation to the fashion e-commerce world”, Gensmo said in a release. The US-based company, which...
BusinessMember16 hours ago
Roberto Cavalli “exploring strategic partnerships” as it eyes growth
Italian fashion house Roberto Cavalli has said it is “exploring strategic partnerships” as it looks towards “the best path for growth”. The news comes amid ongoing turnaround efforts at the brand, which is currently under the ownership of Emirati businessman Hussain Sajwani. The statement, initially issued to and published by Reuters, read: “...
BusinessMember17 hours ago