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.
Tu clothing outperforms market despite soft consumer demand
UK retailer J Sainsbury plc (Sainsbury’s) has reported a resilient performance for its fashion division, Tu clothing, in its third quarter trading statement for the 16 weeks to January 3, 2026. Despite a challenging backdrop of milder weather and subdued consumer spending, the brand achieved volume growth that surpassed the broader clothing...
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Canada Goose bolsters leadership for international market growth
Canada Goose store Credits: Canada Goose Canadian luxury performance brand Canada Goose has unveiled a series of strategic appointments and departures within its executive management team. The leadership restructuring is designed to support the company’s long-term strategy and enhance operational excellence across key international markets....
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Aritzia achieves 42.8 percent revenue growth in Q3, driven by US expansion
Aritzia Inc. has achieved a financial milestone, reporting record net revenue of 1.04 billion Canadian dollars (749.83 million dollars) for the third quarter of fiscal 2026. This represents a robust 42.8 percent increase over the previous year, fueled by a 34.3 percent rise in comparable sales across all channels and geographies. The "Everyday...
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Tesco clothing sales increase 4.4 percent during Christmas trading period
Tesco PLC has reported a resilient performance in its Home & Clothing division during the critical third-quarter and Christmas trading periods of 2025/26. Defying a broader market trend where rivals saw significant declines in discretionary spending, Tesco’s Home & Clothing like-for-like (LFL) sales grew by 2.1 percent over the 19-week period....
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ABF trading update: Primark's UK growth contrasts with European decline
Associated British Foods plc (ABF) today issued a trading update for the 16 weeks ending January 3, 2026, revealing a complex performance across its global operations. While the Group continues to navigate a difficult consumer environment, chief executive George Weston highlighted a stark contrast between the company’s resilient UK operations...
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Gwynn Milligan joins TheLittleLoop board ahead of adult fashion expansion
In a strategic move to bolster its leadership team, the UK’s first aggregated garment circularity platform, TheLittleLoop, has appointed former JoJo Maman Bébé CEO Gwynn Milligan as a non-executive director. The appointment comes at a pivotal moment as the company prepares for a major 2026 expansion into adult fashion under the new brand name...
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M&S fashion division navigates 'tail end of recovery' with sales down 2.5 percent
While Marks and Spencer Group PLC (M&S) celebrated a record-breaking Christmas in its Food division, the Fashion, Home & Beauty (FHB) segment faced a more complex trading environment during the 13 weeks ending December 27, 2025. The company said that the FHB segment at M&S is currently navigating the "tail end of recovery" as part of the...
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Centric Brands expands portfolio with acquisition of Fownes Brothers assets
Centric Brands, a prominent lifestyle brand collective, announced the strategic acquisition of select assets from Fownes Brothers & Co., Inc. The deal includes the operations, intellectual property, and product lines of the historic cold-weather accessories firm, marking a significant expansion of Centric’s footprint in the category. Founded in...
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Kevin Hart partners with Authentic for global brand expansion
Comedian and entrepreneur Kevin Hart has entered into a strategic partnership with Authentic Brands Group (Authentic) to co-own and scale his personal brand globally. Under the terms of the agreement announced Tuesday, Hart will become a shareholder in Authentic, a move that aligns him with fellow high-profile partners like David Beckham and...
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Farfetch UK resuscitated: losses narrow following Coupang acquisition
Farfetch UK Limited has reported a significant narrowing of annual losses for 2024, signaling a stabilising trajectory under the new ownership of South Korean e-commerce giant Coupang, Inc. According to the company's latest statutory financial statements, the loss for the year after taxation was 471.4 million pounds (638.7 million dollars), a 41...
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