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.
Opinions
Sustainability
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Opinion: There’s No Secret to Freeing Luxury’s Supply Chains From Scandal
Effective strategies for responsible business already exist. The real opportunity for big brands now is to lead by putting them into practice, writes Caterina Occhio.
Luxury
Tough Choices for Armani’s Heirs
The designer’s will unexpectedly called for his brand to be sold or file for an IPO. With the luxury sector in a slump, neither option looks particularly appealing right now, writes Imran Amed.
Tough Choices for Armani’s Heirs
The designer’s will unexpectedly called for his brand to be sold or file for an IPO. With the luxury sector in a slump, neither option looks particularly appealing right now, writes Imran Amed.
Luxury
Opinion: How Red Carpet Teasers Damage Designer Debuts
When exposure-hungry fashion labels present garments out of context, to be devoured and judged with the speed and superficiality of social media, they destroy the very grammar of brand storytelling, writes Simone Cotellessa.
Opinion: How Red Carpet Teasers Damage Designer Debuts
When exposure-hungry fashion labels present garments out of context, to be devoured and judged with the speed and superficiality of social media, they destroy the very grammar of brand storytelling, writes Simone Cotellessa.
Luxury
Opinion: Undoing Kering Property Bets May Dent Foundations
A fire sale could erode value further, Yawen Chen writes.
Opinion: Undoing Kering Property Bets May Dent Foundations
A fire sale could erode value further, Yawen Chen writes.
Luxury
Opinion: Home Is the New Fashion
Interiors now signal social status like clothes and accessories, but when your sofa is as recognisable as an ‘it’ bag, there’s potential for risk as well as reward, writes Martina Mondadori.
Opinion: Home Is the New Fashion
Interiors now signal social status like clothes and accessories, but when your sofa is as recognisable as an ‘it’ bag, there’s potential for risk as well as reward, writes Martina Mondadori.
Luxury
Opinion: The Big Luxury Simulation Is Over
Consumers appear to be calling time on an industry that long ago stopped selling real luxury goods, writes Eugene Rabkin.
Opinion: The Big Luxury Simulation Is Over
Consumers appear to be calling time on an industry that long ago stopped selling real luxury goods, writes Eugene Rabkin.
Retail
Opinion | Amazon Prime Day Is Past Its Prime
That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.
Opinion | Amazon Prime Day Is Past Its Prime
That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.
Luxury
Fashion’s Creative Revival Is Finally Here
Michael Rider’s debut at Celine, Glenn Martens’ first Margiela couture show and Jonathan Anderson’s reinvention of his own brand were among the signs in Paris that luxury is ready to open a new creative chapter, writes Imran Amed.
Fashion’s Creative Revival Is Finally Here
Michael Rider’s debut at Celine, Glenn Martens’ first Margiela couture show and Jonathan Anderson’s reinvention of his own brand were among the signs in Paris that luxury is ready to open a new creative chapter, writes Imran Amed.
Sports
Opinion: Luxury Brands Have Tennis Fever
High-end labels are piling into tennis, but the women’s tour remains an untapped opportunity, writes Daniel-Yaw Miller.
Opinion: Luxury Brands Have Tennis Fever
High-end labels are piling into tennis, but the women’s tour remains an untapped opportunity, writes Daniel-Yaw Miller.
Luxury
Anderson Apotheosis: JW Remodels His Own Brand
Days after his debut for Dior, the designer speaks exclusively to Tim Blanks about rebooting the JW Anderson label with a supremely idiosyncratic cabinet of curiosities, from coffee cups to garden tools to diamonds.
Anderson Apotheosis: JW Remodels His Own Brand
Days after his debut for Dior, the designer speaks exclusively to Tim Blanks about rebooting the JW Anderson label with a supremely idiosyncratic cabinet of curiosities, from coffee cups to garden tools to diamonds.
Luxury
Why Blum’s Closure Is Shaking the Art World
Major gallerist Tim Blum’s decision to exit the business will shake the art sector, writes Marc Spiegler.
Why Blum’s Closure Is Shaking the Art World
Major gallerist Tim Blum’s decision to exit the business will shake the art sector, writes Marc Spiegler.
Luxury
The Art Basel Vibe Shift
While sales at this year’s fair were uneven, newer players, platforms and art forms offered cause for optimism in a stagnant sector, writes Marc Spiegler.
The Art Basel Vibe Shift
While sales at this year’s fair were uneven, newer players, platforms and art forms offered cause for optimism in a stagnant sector, writes Marc Spiegler.
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.