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.
brexit
Latest News & Analysis
Technology
Is Fashion Ready to Put Its Supply Chain on the Blockchain?
H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.
Is Fashion Ready to Put Its Supply Chain on the Blockchain?
H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.
Workplace & Talent
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
London’s Creatives Confront a New Era of Isolation
Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions.
Retail
London Designers Face ‘Most Challenging’ Season Yet
As London Fashion Week kicks off, the UK’s chaotic exit from the European Union and painful policy shifts on retail are adding to the challenges created by the pandemic.
London Designers Face ‘Most Challenging’ Season Yet
As London Fashion Week kicks off, the UK’s chaotic exit from the European Union and painful policy shifts on retail are adding to the challenges created by the pandemic.
Retail
Black Friday and Fashion’s Cloudy Holiday Outlook
This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet.
Black Friday and Fashion’s Cloudy Holiday Outlook
This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet.
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Retail
Post-Brexit Trade Deal Could Increase Retail Prices
Negotiations on a new relationship between Britain and the EU will start next month.
Post-Brexit Trade Deal Could Increase Retail Prices
Negotiations on a new relationship between Britain and the EU will start next month.
Retail
UK Consumer Spending Shows Signs of Wariness
The average retail spending by Britain's shoppers is at its lowest since 1995.
UK Consumer Spending Shows Signs of Wariness
The average retail spending by Britain's shoppers is at its lowest since 1995.
Retail
UK Retailers See Biggest Sales Jump in Six Years
British shops experienced a 5.7 percent increase in sales last month, the biggest annual rise since January 2014.
UK Retailers See Biggest Sales Jump in Six Years
British shops experienced a 5.7 percent increase in sales last month, the biggest annual rise since January 2014.
Retail
British Retail Sales Drop for Fifth Month Running
Consumer demand in the UK is softening, despite low unemployment and modest inflation.
British Retail Sales Drop for Fifth Month Running
Consumer demand in the UK is softening, despite low unemployment and modest inflation.
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Financial Markets
The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert
Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert
Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
Luxury
The BoF Podcast: 2019’s Pivotal Fashion Moments
This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.
The BoF Podcast: 2019’s Pivotal Fashion Moments
This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.
Sustainability
Is Fashion All Talk, No Action on Climate?
This week, everyone will be talking about fashion's role in fighting climate change, Colin Kaepernick's first sneaker for Nike and the UK general election. Get your BoF Professional Cheat Sheet.
Is Fashion All Talk, No Action on Climate?
This week, everyone will be talking about fashion's role in fighting climate change, Colin Kaepernick's first sneaker for Nike and the UK general election. Get your BoF Professional Cheat Sheet.
News & Analysis
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
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.