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.
Venice, Italy
Luxury
In Venice, ‘Homo Faber’ Makes a Case for Craft
Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.
In Venice, ‘Homo Faber’ Makes a Case for Craft
Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.
Retail
Retail Apocalypse Crushes Italian Clothing Company OVS
Shares of the BC Partners-owned company have collapsed 85 percent this year, the biggest drop among large European retailers.
Retail Apocalypse Crushes Italian Clothing Company OVS
Shares of the BC Partners-owned company have collapsed 85 percent this year, the biggest drop among large European retailers.
News & Analysis
Julianne Moore to Receive Inaugural Franca Sozzani Award at Venice Film Festival
The award, which will be presented on September 1, is a tribute to the late Vogue Italia editor-in-chief, who passed away in December last year.
Julianne Moore to Receive Inaugural Franca Sozzani Award at Venice Film Festival
The award, which will be presented on September 1, is a tribute to the late Vogue Italia editor-in-chief, who passed away in December last year.
News & Analysis
Reflections on the Venice Effect
The Venice Biennale still offers the worlds of fashion and design the grandest opportunities to impress their finer selves, says Tim Blanks.
Reflections on the Venice Effect
The Venice Biennale still offers the worlds of fashion and design the grandest opportunities to impress their finer selves, says Tim Blanks.
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News & Analysis
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
In Venice, Duty-Free Shopping Takes on a Whole New Look
"The Fondaco is being rechristened T Fondaco dei Tedeschi and turned into a 72,355-square-foot luxury emporium for the Hong Kong-based DFS
News & Analysis
Tom Ford Makes Comeback at Venice Festival With His Second Movie
After a seven-year hiatus, Tom Ford is back to film making with thriller 'Nocturnal Animals' premiering at the Venice Film Festival on Friday.
Tom Ford Makes Comeback at Venice Festival With His Second Movie
After a seven-year hiatus, Tom Ford is back to film making with thriller 'Nocturnal Animals' premiering at the Venice Film Festival on Friday.
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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.