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.
Taipei, Taiwan
Global Markets
Taiwan Is at a Crossroads. Here's Why Brands Should Care.
Tensions with Beijing have come into sharp focus ahead of Taiwan’s presidential election which takes place tomorrow. And there is a lot more at stake than first meets the eye.
Taiwan Is at a Crossroads. Here's Why Brands Should Care.
Tensions with Beijing have come into sharp focus ahead of Taiwan’s presidential election which takes place tomorrow. And there is a lot more at stake than first meets the eye.
Global Markets
Nike and Lululemon Supplier Pivots Away From Vietnam After Exiting China
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
Nike and Lululemon Supplier Pivots Away From Vietnam After Exiting China
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
News & Analysis
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
News & Analysis
Report: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
Report: Alibaba Won't Take Board Seats at Taiwanese Firms It Invests In
The fund is being raised by China Development Financial Holding (CDF), one of the island's biggest financial holding firms, and the Chinese e-commerce giant is planning to take a 29.99 percent stake.
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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.