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.
Survey finds brand authenticity and trust drive apparel spending in 2026
As shoppers in the US face persistent inflation and climbing petrol costs, individuals aged 18 to 45 are shifting their discretionary budgets toward established labels. Rather than seeking out the lowest market prices, buyers are actively investing in heritage apparel brands with proven track records, according to a survey conducted by US firm...
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Primark joins Denim Deal to accelerate circularity
Fashion retailer Primark has joined the Denim Deal, an international collaborative initiative that unites fashion brands, manufacturers, suppliers and recyclers. The multi-stakeholder platform aims to scale the use of post-consumer recycled cotton across the denim sector and advance circular production models through cross-industry innovation....
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Bonmarché owner Purepay Retail posts turnover growth as pension charge curbs profit
UK retail group Purepay Retail Limited (Purepay), which operates fashion and retail chains The Edinburgh Woollen Mill (EWM), Bonmarché and Ponden Home, has published its consolidated financial statements for the 53-week period ended March 1, 2025. The company recorded an increase in annual revenue, though bottom-line earnings narrowed following...
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Private equity firm L Catterton backs Glance to expand AI shopping in the US
US-based private equity firm L Catterton announced a strategic investment in Singapore-based Glance, an artificial intelligence-powered personal shopping platform backed by Indian multinational technology company InMobi. The capital commitment is designed to support the development of agentic shopping solutions and accelerate international...
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Shoe Zone reports lower revenue and swings to pretax loss
UK footwear retailer Shoe Zone has reported a 4.5 percent decline in revenue to 142.40 million pounds (189.5 million dollars) for the 53 weeks ended October 3, 2026, down from 149.10 million pounds in fiscal year 2025. The London-based listed business attributed the drop to operating 18 fewer stores alongside subdued consumer confidence across...
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Marc Jacobs expands Greater China presence with I.T Group partnership
US brand management firm WHP Global and US apparel company G-III Apparel Group (G-III) have announced a strategic partnership with Hong Kong-based fashion retailer I.T Group to accelerate the growth of the Marc Jacobs brand across Greater China. The transaction marks the first international licensing agreement since WHP Global and G-III acquired...
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Gildan finalizes divestment of HanesBrands Australia
Canadian apparel manufacturer Gildan Activewear Inc. (Gildan) has completed the sale of HanesBrands Australia (HAA) to Singapore-based entity BBFIT Investments Pte Ltd, an associated entity of Australian private investment firm BB Retail Capital. The cash transaction closed at approximately 700 million Australian dollars (492 million dollars),...
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Louis Vuitton names Hector Muelas chief brand creative officer
French luxury house Louis Vuitton has appointed Hector Muelas to the newly created role of chief brand creative officer, effective November 1, 2026. Muelas transitions from US luxury jeweller Tiffany & Co., where he has served as global chief brand and creative officer since August 2023. Both houses operate under the umbrella of French luxury...
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Alo expands international presence with new flagships in Berlin and Hong Kong
US premium activewear and lifestyle brand Alo (Alo) has accelerated its global retail expansion with the opening of two new flagship stores in Berlin, Germany, and Hong Kong. The simultaneous expansion into continental Europe and North Asia reinforces the brand’s strategic focus on growing its international footprint across key retail markets....
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New Look reopens refurbished store at Cribbs Causeway in Bristol
UK retail brand New Look has reopened its refurbished store at Cribbs Causeway in Bristol, introducing an upgraded shopping environment, dedicated product spaces and customer launch events. The revamped store spans over 9,000 square feet and showcases the brand's latest womenswear, footwear and accessories collections. The updated layout is...
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