Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The Week Ahead
Your scannable cheat sheet to the coming week in fashion and beauty.
Retail
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
Luxury
This Week: Gucci, Fendi and Marni Put to the Test
Kering, LVMH and OTB all have significant skin in the game this Milan Fashion Week with new designer runway debuts at storied Italian brands.
This Week: Gucci, Fendi and Marni Put to the Test
Kering, LVMH and OTB all have significant skin in the game this Milan Fashion Week with new designer runway debuts at storied Italian brands.
Global Markets
This Week: Ramadan and Lunar New Year Converge
The two holidays haven’t synced up this closely in a century. That should keep the fashion industry busy, as both have become major global shopping events.
This Week: Ramadan and Lunar New Year Converge
The two holidays haven’t synced up this closely in a century. That should keep the fashion industry busy, as both have become major global shopping events.
Luxury
This Week: Another Tough Quarter for Kering
Kering’s latest earnings report will likely show another steep sales decline at its largest brand. Plus, New York Fashion Week begins.
This Week: Another Tough Quarter for Kering
Kering’s latest earnings report will likely show another steep sales decline at its largest brand. Plus, New York Fashion Week begins.
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Sports
This Week: Fashion’s Biggest Sports Week Ever (Until the Next One)
Thom Browne, Abercrombie & Fitch and Tecovas are among the brands with Super Bowl activations. Meanwhile, the Winter Olympics kick off in Milan.
This Week: Fashion’s Biggest Sports Week Ever (Until the Next One)
Thom Browne, Abercrombie & Fitch and Tecovas are among the brands with Super Bowl activations. Meanwhile, the Winter Olympics kick off in Milan.
Luxury
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
Retail
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
This Week: Waiting on Tariffs, Saks and More
The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out.
Luxury
This Week: Red Carpet Dressing; Saks Watch; Luxury Earnings
The Golden Globes kick off awards season in earnest as well as a packed week for the fashion industry.
This Week: Red Carpet Dressing; Saks Watch; Luxury Earnings
The Golden Globes kick off awards season in earnest as well as a packed week for the fashion industry.
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Retail
This Week: One Last Push for Holiday Sales
Retailers are hoping to make the most of surprisingly strong consumer spending as the crucial end-of-year shopping season draws to a close.
This Week: One Last Push for Holiday Sales
Retailers are hoping to make the most of surprisingly strong consumer spending as the crucial end-of-year shopping season draws to a close.
Sports
This Week: Investors to Nike: Just Do It Again
The activewear giant is expected to report another quarter of slim growth on Thursday. While it's an improvement from where the brand stood a year ago, investors and sneakerheads alike are ready for more.
This Week: Investors to Nike: Just Do It Again
The activewear giant is expected to report another quarter of slim growth on Thursday. While it's an improvement from where the brand stood a year ago, investors and sneakerheads alike are ready for more.
Retail
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
This Week: Lululemon’s Low Expectations; A Potential Tariff Surprise
The athleisure giant has struggled this year, but there are bright spots. And the US Supreme Court may or may not issue its decision on Trump’s tariffs.
Luxury
This Week: Chanel and Zara Face Fresh Tests
Matthieu Blazy’s first US show for Chanel and Zara-owner Inditex’s latest financial results will be key tests for two powerhouses at opposite ends of the market. Plus, The Fashion Awards.
This Week: Chanel and Zara Face Fresh Tests
Matthieu Blazy’s first US show for Chanel and Zara-owner Inditex’s latest financial results will be key tests for two powerhouses at opposite ends of the market. Plus, The Fashion Awards.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.