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.
Executive Equity Partners acquires UK marketplace Notonthehighstreet
German private equity boutique Executive Equity Partners (EEP) has acquired 100 percent of the shares in the UK-based online marketplace Notonthehighstreet. The Munich-based firm purchased the company from sellers including US-based Great Hill Equity Partners and Munich-based Burda Principal Investments. Founded in 2006, Notonthehighstreet...
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Deckers Brands achieves record revenue driven by Hoka and Ugg momentum
US-based footwear company Deckers Brands has reported positive revenue and earnings for its third fiscal quarter ended December 31, 2025. The Goleta-based group saw net sales increase 7.1 percent to 1.96 billion dollars, and up 6.8 percent on a constant currency basis. Stefano Caroti, president and chief executive officer, noted that the...
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Adidas records strong revenue growth and initiates share buyback
German sportswear group Adidas has reported strong preliminary financial results for the full year 2025, supported by double-digit growth across all market segments. The Herzogenaurach-based company reached a record revenue level of 24.81 billion euros (29.58 billion dollars), representing an increase from 23.68 billion euros in 2024. This...
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Strathberry targets 100 million pounds in revenue following record trading period
UK luxury leather goods brand Strathberry has announced a 35 percent increase in revenue to 36.40 million pounds (50.37 million dollars) for the fiscal year ended April 30, 2025. The Edinburgh-based brand attributed this performance to aggressive international expansion and a robust direct-to-consumer (DTC) model, which now accounts for...
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Allbirds to shutter remaining full-price US stores by February 2026
Sustainable footwear brand Allbirds has announced it will close all remaining full-price retail locations in the US by the end of February 2026. The decision marks a significant shift in the company’s physical retail strategy as it prioritises a leaner, more capital-efficient operating model. The San Francisco-based company stated that the...
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Levi Strauss shifts to direct-to-consumer model, achieves 7 percent organic growth
US denim giant Levi Strauss & Co. (LS&Co.) has reported a 4 percent increase in reported net revenues to 6.30 billion dollars for the fiscal year ended November 30, 2025. On an organic basis, which excludes the impacts of foreign exchange and divestitures, the group saw a 7 percent rise compared to the prior year. The company has reached what...
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LVMH board to welcome Expedia CEO Ariane Gorin
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton (LVMH) has announced changes to its leadership structure following a board of directors meeting held on January 27, 2026. The group intends to propose the appointment of Ariane Gorin to the board at the upcoming annual general meeting (AGM) scheduled for April 23, 2026. The move follows...
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Gordon Brothers acquires LK Bennett, plans asset-light model
Global asset management firm Gordon Brothers has acquired the British heritage brand LK Bennett and its related intellectual property assets from the joint administrators of LK Bennett Fashion Limited. The deal, announced on January 28, 2026, follows the second collapse of the brand since 2019 amid a “challenging business and retail environment”...
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Debenhams Group hikes earnings outlook and decides to keep PrettyLittleThing
UK-based online platform Debenhams has announced it is trading ahead of initial expectations for the financial year ending February 28, 2026. The group now expects full year adjusted EBITDA for total operations to reach 50 million pounds (69 million dollars). Strategic shift for PrettyLittleThing In a significant policy reversal, the board of...
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Barbour's turnover grows as international success fuels new charitable initiatives
British premium lifestyle brand Barbour has reported a strong financial year for 2024-25, marked by a 9 percent increase in turnover to 350.80 million pounds (480 million dollars). The fifth generation family-owned company, based in the North East of England, attributed the growth to robust performance across clothing, accessories, and...
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