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.
Mulberry's 'Back to Mulberry Spirit' strategy boosts global sales performance
British lifestyle brand Mulberry has delivered a strong sales performance for the second half of the 2026 financial year, supported by a turnaround strategy focused on brand reignition and full price discipline. The group reported constant currency sales growth of 13.6 percent during the second half (H2) of the 52 weeks ended March 28, 2026....
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Associated British Foods signals potential Primark demerger
UK-based group Associated British Foods (ABF) is anticipated to present a strategy to decouple its Primark fashion business from its diversified food portfolio this Tuesday, according to Reuters. The move follows a comprehensive structural assessment intended to enhance long-term shareholder value. Primark currently maintains a retail footprint...
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F&F clothing sales exceed 1.2 billion pounds as Tesco evolves strategic ambitions
UK-based supermarket giant Tesco has reported a robust performance for its fashion division, F&F, for the 53 weeks ended February 28, 2026. According to the group's preliminary results, F&F clothing sales increased by 5.1 percent to over 1.2 billion pounds (1.63 billion dollars). This growth was supported by a strong performance in womenswear,...
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Allbirds rebrands as NewBird AI, stock jumps 400 percent
US sustainable footwear company Allbirds has announced a radical shift in corporate strategy, transitioning from a fashion retailer to an artificial intelligence (AI) compute infrastructure provider. The San Francisco-based firm, which recently divested its brand assets, intends to rename itself NewBird AI as part of a pivot toward the...
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Vince navigates Saks Global disruption with retail expansion strategy
The US-based global retail platform Vince Holding Corp. has reported its financial results for the fourth quarter and fiscal year ended January 31, 2026, revealing a resilient performance despite significant headwinds from the reorganization of Saks Global. The company is now pivoting toward international flagship expansion and an enhanced...
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Decathlon and Ikea Croydon launch world-first retail partnership
French sporting goods retailer Decathlon will officially open its innovative new location at Ikea Croydon on April 24, 2026. This collaboration represents a world-first retail partnership between the two, designed to streamline the shopping experience for South London consumers. The opening celebrations are scheduled to begin at 11am on Friday,...
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Strategic inventory investment fuels Rent the Runway's FY25 financial recovery
The US fashion rental platform Rent the Runway has reported a significant expansion of its active subscriber base and a return to net income for the fiscal year 2025 ended January 31, 2026. The company attributed these results to a strategic decision to increase inventory investment, which served as the primary driver for improved customer...
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Wolf appoints Adam Fried as global director of client development
British luxury accessories brand Wolf has announced the appointment of Adam Fried to the position of global director of client development. The move marks a strategic reinforcement of the company’s international sales and educational infrastructure. Fried enters the role as a third-generation jewellery industry veteran with extensive experience...
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Jacqui Markham joins John Lewis to lead own-brand fashion strategy
UK department store John Lewis has named Jacqui Markham as its new fashion creative director. The executive will oversee the creative strategy for the retailer’s own-brand collections across womenswear, menswear, and kidswear. Markham transitions to the role from UK contemporary label Whistles, where she held the position of creative director....
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Sosandar reports revenue growth and return to profitability for financial year 2026
British womenswear brand Sosandar has released a trading update for the financial year ended March 31, 2026, highlighting a 14 percent increase in total revenue to 42.30 million pounds (57.26 million dollars). The performance marks a shift in the financial trajectory of the company as it transitions toward a more sustainable and profitable...
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