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.
Cuba
Fashion Week
Chanel, Vin Diesel Spark Cultural Backlash in Cuba
Artists, writers and intellectuals who believe deeply in Cuba's opening to the world are questioning their government's management of an onslaught of big-money pop culture.
Chanel, Vin Diesel Spark Cultural Backlash in Cuba
Artists, writers and intellectuals who believe deeply in Cuba's opening to the world are questioning their government's management of an onslaught of big-money pop culture.
Global Markets
Havana Hanging in the Balance
Tim Blanks reports from Havana, finding the Kardashians and Kanye West amongst white clad adherents of Santeria in a city on the cusp of a new revolution.
Havana Hanging in the Balance
Tim Blanks reports from Havana, finding the Kardashians and Kanye West amongst white clad adherents of Santeria in a city on the cusp of a new revolution.
Fashion Week
Chanel Cruises into Cuba, a Country on the Cusp
Although the fundamental incongruity of the moment was lost on no one, both Karl Lagerfeld and Fidel Castro share an ability to imagine a world and bring it into being.
Chanel Cruises into Cuba, a Country on the Cusp
Although the fundamental incongruity of the moment was lost on no one, both Karl Lagerfeld and Fidel Castro share an ability to imagine a world and bring it into being.
Fashion Week
Fashion Glitterati Descend on Cuba for Chanel Runway Show
First came US President Barack Obama and the Rolling Stones. Now global fashion's glitterati including supermodel Gisele Bundchen have descended upon Cuba for Chanel's runway show extravaganza.
Fashion Glitterati Descend on Cuba for Chanel Runway Show
First came US President Barack Obama and the Rolling Stones. Now global fashion's glitterati including supermodel Gisele Bundchen have descended upon Cuba for Chanel's runway show extravaganza.
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Financial Markets
Chanel Winning Fight Against Luxury Grey Market, Says Bruno Pavlovsky
Chanel said its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.
Chanel Winning Fight Against Luxury Grey Market, Says Bruno Pavlovsky
Chanel said its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.
News & Analysis
Unilever Returns to Cuba in Joint Venture with State
Global consumer products company Unilever Plc. will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana.
Unilever Returns to Cuba in Joint Venture with State
Global consumer products company Unilever Plc. will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana.
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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.