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.
Richemont achieves 22.4 billion euros in sales amidst geopolitical shifts
Compagnie Financière Richemont, the Swiss luxury goods group, delivered a solid performance for the financial year ended March 31, 2026, navigating fast-evolving geopolitical and macroeconomic conditions. Group sales reached 22.42 billion euros (26.04 billion dollars), representing an increase of 11 percent at constant exchange rates and 5...
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Hoka and Ugg drive Deckers Brands to 5.47 billion dollars in FY26 net sales
US footwear group Deckers Brands has announced its financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2026, delivering record revenue driven by the ongoing momentum of Hoka and Ugg. For the full fiscal year 2026, net sales increased 9.8 percent to 5.47 billion dollars compared to 4.99 billion dollars in the...
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Ralph Lauren surpasses 8 billion dollars in annual revenue
Ralph Lauren Corporation, the US-based luxury lifestyle group, has reported its financial results for the fourth quarter and full fiscal year 2026, delivering performance that exceeded market expectations. The company crossed a significant financial milestone as annual revenues surpassed 8 billion dollars for the first time in its history. For...
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Urban Outfitters records Q1 net sales of 1.48 billion dollars
US lifestyle products and services company Urban Outfitters, Inc. has announced that the total company net sales for the period increased 11.4 percent to 1.48 billion dollars. Net income reached a record 115.7 million dollars, with earnings per diluted share standing at 1.30 dollars. Total retail segment net sales increased 8 percent, with...
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TJX reports strong Q1 results exceeding expectations
Off-price apparel and home fashions retailer the TJX Companies (TJX), which is based in the US, has announced financial results for the first quarter of fiscal year 2027 ended May 2, 2026, delivering growth that exceeded internal plans. The corporate group reported a 9 percent increase in net sales to 14.32 billion dollars in the first quarter...
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Pepco Group's H1 results: revenue up 5 percent, profit after tax jumps 52.3 percent
Pepco Group N.V., a Dutch-registered, London-based holding company, has reported its unaudited interim results for the six-month period ended March 31, 2026, revealing substantial profit growth and an expansion of its retail footprint. The pan-European variety discount retailer delivered revenue of 2.47 billion euros (2.87 billion dollars),...
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Matt Maddox promoted to president and CEO of Authentic
US brand development and entertainment platform Authentic Brands Group (Authentic) has announced a significant evolution of its leadership structure as the company enters its next phase of corporate growth. Founder Jamie Salter has transitioned from chief executive officer to executive chairman. Matt Maddox has been promoted to the role of...
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VF Corporation returns to revenue growth in fiscal year 2026
The US-based apparel company VF Corporation reported financial results for its fourth quarter ended March 28, 2026, marking a return to full-year revenue growth alongside expanded margins and reduced debt. The company's board of directors authorized a quarterly per share dividend of 0.09 dollars, payable on June 18, 2026, to shareholders of...
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Marks & Spencer fashion segment faces headwinds after cyber disruption
London-based retailer Marks and Spencer Group plc (M&S), has reported its preliminary financial results for the 52 weeks ended March 28, 2026. The group posted a resilient overall performance despite experiencing a significant operational impact from a sophisticated cyber incident during the first half of the financial year. Including Ocado...
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Amer Sports raises full year outlook following strong Q1 growth
Finland-based sports equipment and apparel group Amer Sports has reported a 32 percent increase in revenue for the first quarter of 2026, reaching 1.95 billion dollars compared to the same period last year. On a constant currency basis, revenue grew by 26 percent. The performance was led by its technical apparel segment and outdoor performance...
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