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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Latest News & Analysis
Sustainability
Sustainability to Become 'Requirement of Doing Business' Says PVH Chief
Emanuel Chirico spoke exclusively to BoF as the Tommy Hilfiger and Calvin Klein owner outlined a suite of ambitious new social and environmental targets.
Sustainability to Become 'Requirement of Doing Business' Says PVH Chief
Emanuel Chirico spoke exclusively to BoF as the Tommy Hilfiger and Calvin Klein owner outlined a suite of ambitious new social and environmental targets.
Fashion Week
How Designers Will Be Affected By a Shortened New York Fashion Week
Tom Ford’s first act as CFDA chairman addresses longstanding calls for a shorter fashion week. The goal is to attract more international buyers and editors, and reverse an exodus of prominent designers.
How Designers Will Be Affected By a Shortened New York Fashion Week
Tom Ford’s first act as CFDA chairman addresses longstanding calls for a shorter fashion week. The goal is to attract more international buyers and editors, and reverse an exodus of prominent designers.
Financial Markets
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Kering to Pay €1.25 Billion Tax Settlement
The settlement with the Italian revenue agency relating to Gucci and Swiss subsidiary Luxury Goods International SA requires the French group to pay €897 million in additional taxes, along with further payment for penalties and interest, for a total of €1.25 billion.
Luxury
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
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Global Markets
Sabyasachi Mukherjee: King of India’s Bridal Market
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
Sabyasachi Mukherjee: King of India’s Bridal Market
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
News & Analysis
Carine Roitfeld Breaks Into Perfume
The collection of seven genderless fragrances, called ‘7 lovers,’ is now available on Net-a-Porter as well as her own website.
Carine Roitfeld Breaks Into Perfume
The collection of seven genderless fragrances, called ‘7 lovers,’ is now available on Net-a-Porter as well as her own website.
News & Analysis
'The Reality of Fashion Is Not What Students Expect,' says Anna dello Russo
BoF sits down the Anna dello Russo to discuss the mentorship culture she is building at Istituto Marangoni and her role as scientific director at its Milan campus.
'The Reality of Fashion Is Not What Students Expect,' says Anna dello Russo
BoF sits down the Anna dello Russo to discuss the mentorship culture she is building at Istituto Marangoni and her role as scientific director at its Milan campus.
News & Analysis
Op-Ed | To Democratise Camp Is to Kill It
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
Op-Ed | To Democratise Camp Is to Kill It
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
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News & Analysis
Power Moves | Selfridges' New Group Chair, Carolina Herrera Hires Global Marketing VP
This week, Alannah Weston succeeds her father as chairman of the Selfridges Group, while Jodie Chan joins Carolina Herrera as vice president of global marketing and communications.
Power Moves | Selfridges' New Group Chair, Carolina Herrera Hires Global Marketing VP
This week, Alannah Weston succeeds her father as chairman of the Selfridges Group, while Jodie Chan joins Carolina Herrera as vice president of global marketing and communications.
Luxury
Anya Hindmarch to Take Back Reins of Her Business
Following the sale of her company to the Marandi family, the entrepreneur is taking back the head business role after stepping down in 2011.
Anya Hindmarch to Take Back Reins of Her Business
Following the sale of her company to the Marandi family, the entrepreneur is taking back the head business role after stepping down in 2011.
News & Analysis
Fashion's Top Talents Discuss the Politics of Disruption at Frieze Academy
Dapper Dan, Kimberly Drew, Yoon Ahn and more discussed how to create sustainable change in the industry at Frieze Academy’s Art and Fashion Summit in partnership with The Business of Fashion.
Fashion's Top Talents Discuss the Politics of Disruption at Frieze Academy
Dapper Dan, Kimberly Drew, Yoon Ahn and more discussed how to create sustainable change in the industry at Frieze Academy’s Art and Fashion Summit in partnership with The Business of Fashion.
Luxury
Stefano Pilati’s Next Move
From his new base in Berlin, the former Yves Saint Laurent designer is breaking away from the traditional luxury model and building a fledgling fashion venture rooted in accessible pricing, digital sales and customer feedback. Can it scale?
Stefano Pilati’s Next Move
From his new base in Berlin, the former Yves Saint Laurent designer is breaking away from the traditional luxury model and building a fledgling fashion venture rooted in accessible pricing, digital sales and customer feedback. Can it scale?
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.