Articles by Rachel Douglass
Rachel has been with FashionUnited since mid-2021. Descending from the UK, she moved to the Netherlands in 2014 to attend Amsterdam Fashion Institute, where she studied a BA in International Fashion and Branding with a specialisation in Journalism.
At FashionUnited, Rachel covers daily news, from store openings to acquisitions, alongside which she focuses on research-based stories, interviews and on-the-ground event reporting. Her topics of interest include digital fashion, independent retail and current trends.
Fila parent Misto Holdings welcomes quarterly growth, strong performance in golf
Misto Holdings, the South Korean parent company of Fila, FootJoy and Titleist, welcomed a consolidated revenue of 1.24 trillion won (668 million pounds) for the first quarter of 2025, reflecting a year-on-year increase of 4.6 percent. The company credited the strong performance of its US golf subsidiary, Acushnet, for helping to accelerate...
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Landsec boosts profit, outlines investment plans
Landlord firm Landsec swung to a profit for the year ended March 31, 2025, as its like-for-like net rental income rose 5 percent. The company reported a profit of 393 million pounds for the period, up from a loss of 341 million pounds in the year prior. Its net sales rose 3.4 percent year-on-year, alongside a 0.4 percent increase in footfall...
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NGO WRAP appoints Catherine David as CEO
Waste & Resources Action Programme (WRAP) has named Catherine David as its new chief executive officer. She will begin the role June 1. The appointment is a promotion for David, who currently serves as director for behaviour change and business programmes for the British NGO, where she has been since October 2021. David initially joined the...
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Asics welcomes record sales for Q1, driven by SportStyle and Onitsuka Tiger
Footwear brand Asics reported a 19.7 percent year-on-year uptick in sales for the first quarter of 2025, achieving a quarterly sales record of 208.3 billion yen (1.08 billion pounds). The company’s SportStyle category was a core driver in this increase, reporting a 49.3 percent currency-neutral rise in sales to 35.1 billion yen. Onitsuka Tiger,...
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Quarter of Next shareholders vote in favour of call for wage transparency
Shareholders at Next have revolted against the company over its alleged lack of transparency when it comes to wages. Such a sentiment was shared in the British retailer’s latest Annual General Meeting, during which over 26 percent of shareholders voted for a resolution calling for the disclosure of wage-setting principles and practices. In a...
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Frasers Group CEO appointed to Hugo Boss board
Michael Murray, the chief executive officer of Frasers Group, has joined the board of Hugo Boss. His election reaffirms the British retail giant’s commitment to the German brand, for which it currently holds a 19.2 percent stake. Murray’s appointment was confirmed in Hugo Boss’ Annual General Meeting, during which it was also announced that...
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Dick’s Sporting Good confirms 2.4 billion dollar acquisition of Foot Locker
US sportswear chain Dick’s Sporting Goods has confirmed its intention to acquire footwear retailer Foot Locker in a 2.4 billion dollar deal. The duo have entered a definitive merger agreement holding an enterprise value of around 2.5 billion dollars. By combining the companies, Dick’s is setting out to create a global platform within the sports...
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House of CB to open third UK store in Liverpool
House of CB is set to open its second UK store outside of London. The British womenswear brand is preparing to enter the city of Liverpool with a 6,500 square foot space scheduled to open in Liverpool One. The brand, which already boasts a large social media presence, was chosen as a means to “add diversity to Liverpool One’s occasion-wear offer...
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DHL eCommerce UK and Evri to merge and form new group
DHL Group has announced the acquisition of a significant minority stake in Evri, and with it the formation of a new group merging both the UK parcel company and DHL eCommerce UK. Operating under the name Evri Premium, which will serve as a network of DHL eCommerce, the newly created group will remain a “dedicated and secure, separate network...
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UK economy welcomes uptick in Q1
New figures by the Office for National Statistics (ONS) have shown a positive upward trend within the UK economy for the first three months of the year. UK gross domestic product (GDP) is estimated to have grown 0.7 percent over January to March 2025, according to the data, following a growth of 0.1 percent in the previous quarter. ONS said that...
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