Articles by Prachi Singh
New board member: Mary Fox joins Abercrombie & Fitch
US specialty retailer Abercrombie & Fitch has announced the election of Mary Fox to its board of directors, effective August 18, 2026. Fox, 54, currently serves as president of home furnishings firm The Lovesac Company, where she oversees operations, marketing, finance, human resources, and overall business performance. “We are excited to...
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Lululemon updates regional leadership structure in Asia
Canadian athletic apparel brand Lululemon has announced two leadership updates to support its continued expansion across China and Asia Pacific (APAC). After eight years serving as general manager of Lululemon's China business, San Yan Ng has been promoted to regional president of China and APAC. Her responsibilities now span both regions. In...
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N Brown strengthens leadership with Zoe Matthews as MD of retail
UK digital retail platform N Brown Group has appointed Zoe Matthews as managing director of retail. Matthews joins N Brown with more than 25 years of experience leading buying, product and retail transformation across fashion and home retailers. She will lead the retail business of the UK-based company, overseeing strategy, trading and...
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JD Sports lowers profit forecast amid challenging Q2 trading
UK-based retail group JD Sports Fashion (JD Group) has revised its full-year profit guidance downward following a challenging second quarter. The group now anticipates profit before tax and adjusting items of between 700 million pounds and 800 million pounds (953 to 1,089 million dollars) for the fiscal year 2027, compared to the previously...
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TJX exceeds Q2 sales forecasts with 4 percent comp sales growth
US off-price retailer The TJX Companies (TJX) has reported net sales of 15.18 billion dollars for the second quarter ended August 1, 2026, representing a 5 percent increase compared to the same period in the prior year. Consolidated comparable sales, or comp sales, grew 4 percent, exceeding company forecasts. Net income for the quarter reached...
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Jewellery brand Astella eyes two million pounds in sales, targets expansion into Manchester
UK-based ethical jewellery brand Astella is approaching two million pounds in annual sales. Founder Sunny Pal is preparing to expand the business beyond its Birmingham base with a new store opening in Manchester. The company generates approximately 160,000 pounds a month, placing it on track to reach 1.90 million pounds in annual sales. What...
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Klarna achieves 18 percent GMV and 27 percent revenue growth in Q2
Swedish digital finance network Klarna reported its financial results for the second quarter of 2026, delivering positive net income and notable expansion across key operational metrics. During the quarter, gross merchandise volume (GMV) reached 36.6 billion dollars, marking an 18 percent increase year-over-year (YoY). Revenue rose 27 percent...
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Frasers Group increases stake in Hugo Boss to 47.89 percent
UK-based retail conglomerate Frasers Group plc (Frasers) has significantly consolidated its ownership in German premium fashion label Hugo Boss following the conclusion of its voluntary public takeover offer. On June 10, 2026, Frasers initially announced its decision to launch a voluntary public takeover offer to acquire all ordinary no-par...
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Perfect Moment narrows net loss despite lower Q1 revenue
UK luxury activewear label Perfect Moment reported a 21.9 percent decline in net revenue to 1.2 million dollars for its fiscal first quarter ended June 30, 2026, down from 1.5 million dollars in the year-ago quarter. However, net loss improved to 3.5 million dollars versus 3.8 million dollars in the prior year. The London-based company noted...
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Former Abercrombie & Fitch CMO Carey Collins Krug moves to Vuori
American activewear brand Vuori has appointed retail industry executive Carey Collins Krug as its new chief marketing officer, effective October 5, 2026. In her new role, Krug will lead the company’s global marketing organisation. Her responsibilities include overseeing brand, creative, consumer engagement, digital, retail, wholesale and...
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