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.
Russell & Bromley seeks funding to accelerate ReBoot turnaround plan
British luxury footwear and accessories brand Russell & Bromley has announced the next phase of its ReBoot turnaround plan, which involves seeking external financing to accelerate its future growth. The ReBoot plan, launched in February this year under CEO Andrew Bromley, is an ambitious five-year roadmap designed to return the family-owned...
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Luxury market growth driven by experiences and emerging markets
The global luxury market remains resilient despite continued macroeconomic and geopolitical disruptions, valued at 1.5 trillion dollars in 2025, according to Euromonitor International's World Market for Luxury Goods 2025 report. The industry is currently undergoing a significant transformation, shifting from purely product-centric sales to...
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SportsShoes.com bolsters marketing team to support growth
SportsShoes.com, the online retailer specialising in running shoes, running clothing, and outdoor gear, has announced six new additions to its marketing team to support its continued growth strategy. The new hires cover key areas, including brand performance marketing, customer relationship management (CRM), and events. Ben Jenkins joins as...
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One Jeanswear Group appoints Chris Waldeck as CEO
One Jeanswear Group (OJG), a subsidiary of Premier Brands Group Holdings, has appointed Chris Waldeck as its chief executive officer, effective October 6, 2025. Waldeck is a veteran executive with over 30 years of experience in leading global fashion and consumer brands, and he most recently served as president and co-chief operating officer of...
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Loop Industries reports progress on global expansion, reduces Q2 loss
Loop Industries, a clean technology company focused on accelerating a circular economy for polyester, reported its consolidated financial results for the second quarter of fiscal year 2026, highlighting significant progress on its global expansion projects. Loop's financial results for the quarter reflect focused cost management, with cash...
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Watchmaker Fossil eyes IPO for Indian unit
Luxury watchmaker Fossil Group Inc. is reportedly considering an Initial Public Offering (IPO) for its Indian arm, Fossil India Pvt., aiming to capitalise on the country's booming market for new listings, according to a Bloomberg report. Following the news, the company's shares jumped 44 percent in Wednesday morning trading. Quoting people...
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Showroomprivé to sell stake in The Bradery for 43.6 million euros
Showroomprivé (SRP Group), a European leader in flash sales, has announced its intent to sell its 52.75 percent stake in The Bradery brand back to its founders, Timothée Linyer and Edouard Caraco. The cash transaction values The Bradery at 43.6 million euros, reflecting the immense success of the platform since SRP Group acquired its majority...
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Sosandar on track to meet full-year revenue expectations
Sosandar plc, the women's fashion brand, has reported a robust return to revenue growth for the six months ended September 30, 2025 (H1 FY26), with net revenue increasing by 15 percent to 18.7 million pounds. The company's own site notably contributed to this growth, showing a 28 percent increase in revenue over the prior year, driven by higher...
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Reebok International reports strong financial performance in 2024
Reebok International Limited and its subsidiary RILUK IPCO Limited, reported a strong financial performance for the year ended December 31, 2024. Group profit after taxation increased to 179.9 million dollars, up from 163.6 million dollars in 2023 and revenue increased to 302.4 million dollars. This profit surge was driven by the expansion of...
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Vince Holding Corp. to transfer stock listing from NYSE to Nasdaq
Vince Holding Corp., a global contemporary retailer, has announced its voluntary decision to transfer its U.S. stock exchange listing from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market LLC (Nasdaq). The company anticipates that its common stock will cease trading on the NYSE on or around October 20, 2025, and will begin trading...
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