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.
Allbirds reports drop in Q3 sales and earnings amid turnaround efforts
Allbirds, Inc. reported third-quarter 2025 financial results that were in line with management's expectations, despite ongoing structural headwinds related to its turnaround efforts. Net revenue decreased 23.3 percent year-over-year to 33 million dollars, primarily due to planned retail store closures and the transition of international markets...
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Havaianas fuels Alpargatas' strong quarterly financial results
Alpargatas announced a strong third quarter of 2025, reaching the highest quarterly consolidated adjusted EBITDA in its history at 256 million Brazilian real, of which 253 million Brazilian real came from Havaianas operations, the highest level ever recorded in a quarter, both consolidated and for the brand. Alpargatas reached 1.1 billion...
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Ralph Lauren's Q2 revenue jumps 17 percent to 2 billion dollars
Ralph Lauren Corporation reported a robust second quarter for fiscal 2026, with performance significantly outpacing expectations as the company’s strategic plan gained traction, delivering adjusted earnings per diluted share of 3.79 dollars —a 49 percent increase over the prior year. Net revenue for the quarter rose 17 percent to 2 billion...
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Coach brand drives Tapestry's strong Q1 results
Tapestry, Inc., the house of iconic accessories and lifestyle brands including Coach and Kate Spade, reported a strong start to its fiscal 2026 with first-quarter outperformance that surpassed revenue and earnings expectations. The company achieved 13 percent net sales growth to 1.70 billion dollars and saw non-GAAP earnings per diluted share...
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Sainsbury's Tu Clothing reports H1 sales increase of 7.8 percent
Tu Clothing, the clothing arm of Sainsbury's, delivered a strong performance in the first half of the year, with sales surging 7.8 percent, marking its fifth consecutive quarter of market outperformance. This growth was achieved through targeted improvements in both range and availability, alongside strong online growth and the brand's "best...
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Tariff headwinds impact Steve Madden profitability despite 6.9 percent revenue growth
Steven Madden, Ltd. reported that third-quarter revenue increased by 6.9 percent to 667.9 million dollars. However, the quarter was "challenging," as noted by chairman and CEO Edward Rosenfeld, due largely to the impact of new tariffs on imported goods, which severely compressed profitability. Adjusted net income fell to 30.4 million dollars or...
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Lenzing reports resilient performance in first nine months of 2025
Lenzing AG recorded a resilient performance in the first nine months of 2025, marked by a modest 0.7 percent rise in revenue to 1.97 billion euros and a 29.1 percent surge in EBITDA to 340.4 million euros, driven partly by the sale of surplus emission allowances. This strong profitability was achieved despite a volatile third quarter impacted by...
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Cyber attack slashes M&S first half profit by 55.4 percent
British retailer Marks & Spencer (M&S) reported a sharp 55.4 percent decline in first-half underlying profit, a drop that directly reflects the profound impact of a cyber security breach in April. The attack forced M&S to suspend its online clothing orders for seven weeks and severely disrupted its e-commerce platform and backend systems, which...
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Apparel Group India expands portfolio with Levi's Kids launch
Apparel Group India has expanded its partnership with the iconic global denim brand, Levi’s, by launching Levi's Kids in the Indian market. Recognising India as a key Asian market, this move introduces the celebrated brand's children's clothing line to the country for the first time. Apparel Group India officially announced the introduction of...
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Kontoor Brands elevates Børre Hegbom to global head of Helly Hansen business
Kontoor Brands, Inc. has announced the immediate appointment of Børre Hegbom as senior vice president, global head of Helly Hansen. Hegbom will be responsible for leading the execution of the strategic plan to drive growth across the Helly Hansen business globally, overseeing both its Sport and Workwear categories. He will report to Scott...
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