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 Q2 earnings up, sales slightly decline
Avery Dennison Corporation, a global materials science and digital identification solutions company, announced its preliminary, unaudited financial results for the second quarter ended June 28, 2025. The company's reported earnings per share (EPS) reached 2.41 dollars, while adjusted EPS of 2.42 dollars, increased 5 percent. Net sales for the...
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Dancing Leopard emerges from administration with Seb Mills (ex-Gymshark) as chairman
Dancing Leopard, the independent womenswear brand, has successfully emerged from administration. This revitalization has been facilitated by the involvement of Seb Mills, former Director at Gymshark, who has assumed the role of chairman for the brand. Since the beginning of 2025, Dancing Leopard has undergone positive developments, including...
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Landsec reports strong growth in Q1 retail sales and footfall
Landsec has announced strong first-quarter performance across its portfolio of prime retail assets, including prominent destinations such as Bluewater Kent, Trinity Leeds, and Liverpool One. The company reported significant year-on-year increases in both sales and footfall, following what was a record year for its retail destinations. From April...
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TFG London names Julia Monro as chief brand officer
TFG Brands (London) Limited (TFG London), the owner of fashion brands Hobbs, Whistles, Phase Eight, and White Stuff, has announced the appointment of Julia Monro as chief brand officer, effective immediately. Reporting directly to the CEO Justin Hampshire, Monro will collaborate closely with brand and cross-functional teams to define and...
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Madhya Pradesh seeks Inditex partnership for textile industry development
Chief Minister Mohan Yadav of Madhya Pradesh (MP), an Indian state, has expressed the state's intent to collaborate with global fashion giant Inditex for the comprehensive development of its textile and apparel industry, ANI reports. In a recent visit to the Spanish company, CM Yadav articulated the government's vision, emphasising, "We seek...
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Li & Fung acquires UK-based Orrsum in strategic expansion move
Li & Fung, the Hong Kong-headquartered multinational group and a leading global supply chain solutions partner, today announced its acquisition of Orrsum, a UK-based company in hosiery, underwear, and loungewear. Founded in 1998, Orrsum is recognised for its deep product expertise, delivering over 50 million pairs of socks annually to more than...
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OSL Group introduces Camicissima Milano to Indian market
OSL Group, through its dedicated luxury vertical OSL Luxury Collection Private Limited, has announced the latest addition to its distinguished portfolio: the Italian menswear brand, Camicissima Milano. With a legacy dating back to 1931, Camicissima is globally recognised for its exquisite craftsmanship in premium shirts and menswear, seamlessly...
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Burberry's Q1 comparable sales dip but brand desirability increases
Burberry Group PLC today released its first-quarter trading update for the 13 weeks ended June 28, 2025, indicating an improvement in comparable sales and growing brand desirability as it progresses with its transformation strategy. For Q1 FY26, Burberry reported retail revenue of 433 million pounds, a 6 percent decrease at reported exchange...
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Frasers Group FY25 results: Profit up despite revenue dip
Frasers Group PLC today announced its full-year financial results for the 52 weeks ended April 27, 2025, highlighting another year of profitable growth and progress against its Elevation Strategy. The Group reported an adjusted profit before tax of 560.2 million pounds, marking a 2.8 percent increase year-on-year. Despite a 7.4 percent decrease...
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Lotto launches in India with Agilitas Sports partnership
Lotto, the Italian sportswear brand, has officially entered the Indian market with an ambitious five-year plan to achieve a revenue of Rs. 1,000 crore (approximately 120 million dollars). This strategic foray is spearheaded by Agilitas Sports, a rapidly emerging entity in India's sportswear landscape, which holds exclusive rights for the Lotto...
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