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.
Delta Galil reports record third quarter sales and profit growth
Israeli apparel manufacturer Delta Galil Industries (DELG) has reported record third quarter sales of 599.6 million dollars for the three months ended September 30, 2026, representing an increase of 11 percent year-over-year, or 9 percent in constant currency. Gross profit expanded 15 percent to 267.9 million dollars, lifting gross margin by 140...
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Vinted expands Rokt partnership to US following European growth
Lithuanian second-hand fashion marketplace Vinted has expanded its partnership with US-based e-commerce technology firm Rokt into the US market. The move follows the collaboration's performance across the UK and six European markets, including Germany and France, where Rokt has optimised hundreds of millions of Vinted transactions since 2024....
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Matalan opens four new modernised stores ahead of peak festive trading
UK-based fashion and homeware retailer Matalan is continuing its physical estate investment with four store openings this November, ahead of the peak Black Friday and Christmas trading period. The new sites in Aylesbury, Clacton-on-Sea, Bangor in Northern Ireland and Newport in Wales form part of a broader store modernisation programme. This...
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M&S launches on Zalora and The Iconic in regional Global Fashion Group partnership
UK-based retailer Marks & Spencer (M&S) has entered a new partnership with Luxembourg-based online fashion group Global Fashion Group (GFG) to expand the reach of M&S Fashion across Asia Pacific. The agreement aims to broaden customer access through local e-commerce platforms and establish a regionally fulfilled shopping experience. Under the...
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Mamas & Papas accelerates retail expansion following strong financial results
UK nursery brand Mamas & Papas has confirmed the first wave of new openings under its expansion strategy after posting a ‘landmark set of financial results’. The business, which designs and retails nursery furniture; travel systems; clothing; baby equipment; and gifts, has opened a new concession at Marks & Spencer’s London Colney store and a...
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Burberry returns to profitability as first-half revenue rises by 6 percent
British luxury fashion house Burberry Group plc has reported a return to profitability for the 26 weeks ended September 26, 2026. Revenue rose 6 percent year-over-year (YoY) on both a reported and constant exchange rate (CER) basis to 1.10 billion pounds (1.46 billion dollars), up from 1.03 billion pounds in the prior-year period. Burberry...
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Asos extends warehouse and fulfilment agreement with GXO Logistics
US-based contract logistics provider GXO Logistics (GXO) has signed a nine-year contract renewal with British online fashion retailer Asos, extending a partnership that began in 2013. Under the renewed agreement, GXO will continue to manage warehouse fulfilment and transportation services at the automated logistics hub in Barnsley, UK. The...
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Rag & Bone opens flagship store on Melrose Avenue in West Hollywood
US fashion label Rag & Bone has announced the opening of a new store at 8507 Melrose Avenue in West Hollywood. Spanning 7,057 square feet, the retail location brings the brand’s New York perspective to California. Designed by Studio Armando Aguirre, the interior features predominantly locally sourced vintage furniture. The curated selection of...
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Golden Goose reports 16 percent revenue growth in first nine months of 2026
Italian luxury brand Golden Goose reported a 16 percent increase in net revenues at constant exchange rates for the first nine months of 2026, reaching 583.3 million euros (649.5 million dollars). Performance was driven by direct-to-consumer (DTC) expansion, where revenue rose 21 percent year-over-year (YoY) to 479.9 million euros. The DTC...
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Levi Strauss & Co. appoints Jeannie Renné-Malone as chief sustainability officer
Denim company Levi Strauss & Co. (LS&Co.) has appointed Jeannie Renné-Malone as vice president and chief sustainability officer, effective December 1. In this role, Renné-Malone will lead the company’s global sustainability team and oversee initiatives aimed at advancing its sustainability targets. She will also join the group’s supply chain...
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