Articles by Prachi Singh
Rent the Runway records 20.8 percent revenue growth, appoints new CEO
US fashion platform Rent the Runway, Inc. (Rent the Runway) has reported a 20.8 percent increase in total revenue to 97.70 million dollars for the second quarter ended July 31, 2026, compared to 80.90 million dollars in the second quarter of fiscal 2025. The company stated that the performance represents an all-time high revenue for the...
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Sustainable fashion brand Reformation achieves double-digit growth
US sustainable fashion brand Reformation Inc. (Reformation) has reported a 24.1 percent increase in net revenue to 155.20 million dollars for the second quarter ended June 27, 2026, up from the prior-year period. The second quarter marked the Los Angeles-based company’s 21st consecutive quarter of double-digit top-line expansion and its first...
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Leadership change at Mountain Hardwear: Peter Rauch takes helm
Columbia Sportswear Company has appointed Peter Rauch as the new president of its technical outdoor brand Mountain Hardwear. Rauch currently serves as the general manager of Columbia Brand North America. He will assume the role on September 28, 2026. Rauch brings nearly 20 years of leadership experience across the Columbia family of brands....
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Dr Martens names Katie Morton global customer director
British footwear brand Dr Martens has announced the appointment of Katie Morton as global customer director. Morton will officially join the business on October 26, 2026, reporting directly to chief brand officer Carla Murphy. In her new role, Morton will be responsible for strengthening the company's consumer-centric approach globally. She will...
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G-III Apparel Group ends distribution alliance with AWWG in Spain and Portugal
US-based fashion company G-III Apparel Group (G-III) will directly assume control of its brand operations across Spain and Portugal starting December 31, 2026, ending its distribution alliance with All We Wear Group (AWWG). Under the transition agreement, the New York-based group will manage operations, sales, and retail relationships for DKNY,...
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THG posts 7.2 percent revenue increase in first half of 2026
UK e-commerce group THG PLC (THG) has announced its interim financial results for the half-year ended June 30, 2026, recording a 7.2 percent increase in group revenue on a continuing constant currency (CCY) basis to 828.7 million pounds (1,123 million dollars). Revenue reached 828.7 million pounds on a statutory basis, up 5.8 percent compared to...
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ABF Q4 trading update: Primark demerger progress and financial outlook
UK-based conglomerate Associated British Foods (ABF) has issued a trading update for the fourth quarter of fiscal year 2026 ended September 12, 2026, revealing that group adjusted operating profit is expected to align with previous expectations, while adjusted earnings per share will exceed prior forecasts. Work on the planned demerger of ABF's...
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John Lewis half-year loss widens amid transformation investment
UK retail group John Lewis Partnership (JLP) has reported a widening loss before tax and exceptional items of 89 million pounds for the 26 weeks ended August 1, 2026, compared to a loss of 34 million pounds in the prior-year period. The loss reflects increased investment in brand transformation and elevated operational costs across the business....
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Richemont appoints Anton Rupert as non-executive co-deputy chairman
Swiss luxury group Compagnie Financière Richemont (Richemont) has appointed Anton Rupert as non-executive co-deputy chairman of the board of directors. Rupert will serve alongside Bram Schot, who was appointed non-executive deputy chairman in 2024 and will continue in his role as non-executive co-deputy chairman. The two non-executive co-deputy...
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Chalhoub Group joins Global Fashion Agenda to advance sustainability
Denmark-based organisation Global Fashion Agenda (GFA) and United Arab Emirates-based luxury retailer Chalhoub Group have entered a strategic partnership to accelerate sustainability across fashion value chains. Announced during Global Fashion Summit: Copenhagen Edition 2026, Chalhoub Group has joined GFA as an Associate Partner. Through the...
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