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.
Europa Eyewear appoints Megan Molony as CEO
Eyewear retailer Europa has announced the appointment of Megan Molony as its new chief executive officer, effective June 16, 2025. Molony will assume responsibility for the entire Europa platform, encompassing Europa Eyewear and Eyebobs, as well as future acquisitions, while collaborating closely with the board of directors to define and...
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Ryan Heuser named CEO of Pura Vida
Costa Rica-founded Pura Vida, a brand known for its handcrafted jewelry, has announced the appointment of Ryan Heuser as its new chief executive officer. In this key leadership position, Heuser will spearhead efforts to drive profitable growth across all of Pura Vida's sales channels. Brenna Fleener, VP of marketing & ecommerce, expressed...
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Deckers Brands records strong fiscal year growth driven by Hoka and UGG
Global footwear and apparel retailer Deckers Brands recorded revenue growth driven by its key brands, Hoka and UGG. Net sales for the fiscal year surged by 16.3 percent to 4.986 billion dollars, with constant currency net sales increasing by 16.5 percent. Deckers also announced the appointment of Cynthia (Cindy) L. Davis as the new chair of the...
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Ashwin Prasad appointed Tesco UK CEO as Matthew Barnes departs
Tesco today revealed a series of changes to its executive team, signalling a strategic shift as the company aims to build on its current market success. Matthew Barnes, the current UK CEO, has decided to step down from his role to pursue other opportunities, with his departure effective from June 30, 2025. Taking over the helm of Tesco UK will...
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Shaftesbury Capital reports strong West End demand
Ahead of its Annual General Meeting today, Shaftesbury Capital PLC has released a positive trading update, highlighting strong occupational demand across its West End portfolio. The company reported 128 leasing transactions securing 11.3 million pounds in new contracted rent, which is also 9 percent above previous passing rents. Shaftesbury...
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Urban Outfitters records strong sales and earning growth in Q1
Urban Outfitters has announced the first quarter results reporting strong increase in net income to 108.3 million dollars and earnings per diluted share to 1.16 dollars. The lifestyle products and services company, which operates brands like Anthropologie, Free People, FP Movement, Urban Outfitters, and Nuuly, saw its total net sales climb 10.7...
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Terence Reilly promoted to chief brand officer at Crocs, Inc.
Crocs, Inc. has announced the promotion of Terence Reilly to executive vice president, chief brand officer, effective immediately. In this newly created role, Reilly will oversee the marketing and communications functions for both the Crocs and Heydude brands. Reilly, a seasoned brand expert, is tasked with shaping the marketing vision for both...
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Shoe Zone trims profit forecast amid tough trading conditions
Shoe Zone has reported its interim results for the 26 weeks ending March 29, 2025 with revenues down by 6.5 percent to 71.5 million pounds, largely due to trading out of 31 fewer stores compared to the same period last year. Looking ahead, Shoe Zone has revised its full-year profit before tax forecast from an original 10 million pounds down to 5...
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M&S expects 300 million pounds profit reduction due to cyber attack
Marks & Spencer (M&S) has concluded the 52 weeks ended March 29, 2025, by achieving its third consecutive year of growth across sales, market share, profit, and return on capital. M&S's sales rose by 6.1 percent to 13.9 billion pounds and pre-tax profit increased by 22.2 percent to 875.5 million pounds, representing the highest figure in over 15...
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Daniel Heaf succeeds Gina Boswell as Bath & Body Works CEO
Bath & Body Works has appointed Daniel Heaf as its new chief executive officer. Heaf's background includes senior leadership roles at Nike and Burberry, where he drove significant growth and innovation. Previous CEO Gina Boswell has stepped down from her role and as a member of the Bath & Body Works board, effective immediately. “Through a...
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