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.
Dubai, United Arab Emirates
Global Markets
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Gulf Businesses Reel as Iran Strikes Trigger Aviation Chaos
Regional business activity has been disrupted after Iran launched strikes across Gulf nations in response to the US-Israeli assault on Tehran, triggering airport closures or restrictions in Dubai, Abu Dhabi and Doha.
Luxury
Dubai Fair Doubles Attendance as Luxury Watchmakers Turn East
Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.
Dubai Fair Doubles Attendance as Luxury Watchmakers Turn East
Amid a global downturn, the Middle East is emerging as the watch industry’s most promising frontier. But questions over tariffs, inventories and the relevance of blockbuster fairs persist. At Dubai Watch Week, Robin Swithinbank took the temperature, speaking to the CEOs of Audemars Piguet, Breitling, Chopard, LVMH’s Hublot and more.
Luxury
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Global Markets
Redefining ‘Made in Africa’ | The BoF Podcast
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
Redefining ‘Made in Africa’ | The BoF Podcast
Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion.
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Global Markets
Modest Fashion at a Crossroads | The BoF Podcast
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Modest Fashion at a Crossroads | The BoF Podcast
Linda Anggrea of Modinity, Kareem Türe of Modanisa, and Rabia Zargarpur of Rabia Z join Imran Amed at BoF CROSSROADS 2025 to discuss modest fashion’s global rise, cultural significance, and commercial future.
Luxury
Why Craft Is the Soul of True Luxury | The BoF Podcast
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
Why Craft Is the Soul of True Luxury | The BoF Podcast
In this riveting conversation from BoF CROSSROADS 2025, Mexican designer Carla Fernández and Tunisian entrepreneur Kenza Fourati discuss the power of craft-based fashion and how to collaborate ethically with artisans and indigenous communities.
Global Markets
Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads | The BoF Podcast
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
Anas Bukhash on Harnessing Dubai’s Potential as a Global Crossroads | The BoF Podcast
Entrepreneur and podcast host Anas Bukhash joined BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore Dubai’s transformation into a global creative and business hub, and how it uniquely empowers innovation and entrepreneurship in the Global South.
Global Markets
BoF CROSSROADS 2025: How to Tap into Fashion’s Future Growth Markets
Designers Tory Burch, Rabia Zargarpur and more discussed how to balance global ambitions while catering to local markets.
BoF CROSSROADS 2025: How to Tap into Fashion’s Future Growth Markets
Designers Tory Burch, Rabia Zargarpur and more discussed how to balance global ambitions while catering to local markets.
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Global Markets
Sabyasachi on Building a Global Brand from the Global South | The BoF Podcast
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
Sabyasachi on Building a Global Brand from the Global South | The BoF Podcast
Sabyasachi Mukherjee joins BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to explore the challenges of going global on your own terms and why he is ready to take his brand to the next level, while making a case for craft, culture and the rising power of the Global South.
Global Markets
BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets
Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets.
BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets
Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets.
Global Markets
Why BoF CROSSROADS 2025 is Exciting!
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Why BoF CROSSROADS 2025 is Exciting!
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Global Markets
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
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.