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.

H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.

H&M and Kering are among the fashion players that have recently launched pilot programmes to trace their supply chains using blockchain technology.

The fashion industry relies on an extractive business model. BoF assesses companies’ efforts to establish raw material supply chains with a positive impact on people and planet in the latest in a series of articles examining the findings of The BoF Sustainability Index.

The fashion industry relies on an extractive business model. BoF assesses companies’ efforts to establish raw material supply chains with a positive impact on people and planet in the latest in a series of articles examining the findings of The BoF Sustainability Index.

New policies on both sides of the Atlantic mean businesses will likely have to prove their supply chains do not pass through the Chinese region, where the reported detention of Uighurs in forced labour camps is rife.

New policies on both sides of the Atlantic mean businesses will likely have to prove their supply chains do not pass through the Chinese region, where the reported detention of Uighurs in forced labour camps is rife.

Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.

Fashion brands need to urgently clean up their supply chains as the US and Europe move to legislate against the alleged use of forced Uighur labour in China. Yet some players are still burying their heads in the sand.
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The brand is going further than many bigger companies in adopting tough organic certification standards, but has yet to publish other significant environmental targets.

The brand is going further than many bigger companies in adopting tough organic certification standards, but has yet to publish other significant environmental targets.

British budget fashion chain Primark said on Wednesday it was constantly on the watch for any slavery in its supply chain while dismissing the idea that low cost meant exploitation.

British budget fashion chain Primark said on Wednesday it was constantly on the watch for any slavery in its supply chain while dismissing the idea that low cost meant exploitation.

Shoppers lured by a bargain-priced t-shirt but concerned about whether the item is free of slave labor could soon have the answer — from DNA forensic technology.

Shoppers lured by a bargain-priced t-shirt but concerned about whether the item is free of slave labor could soon have the answer — from DNA forensic technology.

This week, Zara launches its first environmentally-friendly fashion line, while Marc Jacobs responds to accusations of cultural appropriation.

This week, Zara launches its first environmentally-friendly fashion line, while Marc Jacobs responds to accusations of cultural appropriation.
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This week, garment factory closures raise questions in Cambodia, and a high court blocks France's attempted Burkini ban.

This week, garment factory closures raise questions in Cambodia, and a high court blocks France's attempted Burkini ban.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.

Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
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.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
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.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
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.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
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.