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.
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Technology
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
Technology
Bits & Bytes | Instagram's Shopping App, Amazon to Become the Top Seller of Apparel in US
This week, Instagram is tapping into e-commerce with a new platform, while Amazon is projected to overtake Walmart as the number-one retailer of apparel in the US.
Bits & Bytes | Instagram's Shopping App, Amazon to Become the Top Seller of Apparel in US
This week, Instagram is tapping into e-commerce with a new platform, while Amazon is projected to overtake Walmart as the number-one retailer of apparel in the US.
Technology
Bits & Bytes | Instagram's Retail Salvation, Online Retailers Compete for New Designers
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
Bits & Bytes | Instagram's Retail Salvation, Online Retailers Compete for New Designers
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
Technology
Bits & Bytes | Google's Retail Strategy, the Digital Future of Merchandising
This week, Google is reported to soon be signing the lease on its first permanent store, while merchandising in retail continues to evolve with the integration of analytics and digital solutions.
Bits & Bytes | Google's Retail Strategy, the Digital Future of Merchandising
This week, Google is reported to soon be signing the lease on its first permanent store, while merchandising in retail continues to evolve with the integration of analytics and digital solutions.
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Technology
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Technology
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
Bits & Bytes | H&M Bets on AI, The Rise of Digital Supermodels
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
Technology
Bits & Bytes | WeChat's Mini-Programmes, Is AI the Future of Sustainable Fashion?
This week, WeChat's advanced-feature offering experiences rapid growth, while artificial intelligence is helping advance the sustainable fashion movement.
Bits & Bytes | WeChat's Mini-Programmes, Is AI the Future of Sustainable Fashion?
This week, WeChat's advanced-feature offering experiences rapid growth, while artificial intelligence is helping advance the sustainable fashion movement.
Technology
Bits & Bytes | The Rise of Chinese Shopping Platform Pinduoduo, US Retailers Lead in Data Breaches
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
Bits & Bytes | The Rise of Chinese Shopping Platform Pinduoduo, US Retailers Lead in Data Breaches
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
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Technology
Bits & Bytes | Walmart Strikes Back at Amazon, JD.com Is Changing E-Commerce in China
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
Bits & Bytes | Walmart Strikes Back at Amazon, JD.com Is Changing E-Commerce in China
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
Technology
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
Bits & Bytes | Target's Secret App, Louis Vuitton Expands E-Commerce in China
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
Technology
Bits & Bytes | Venture Capitalists Bet on Shoe Start-Ups, JD.com Invests in Luxury Retailer
This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.
Bits & Bytes | Venture Capitalists Bet on Shoe Start-Ups, JD.com Invests in Luxury Retailer
This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.
Technology
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
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.