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.
coty-inc
News & Analysis
Power Moves | Tod’s Menswear Designer Departs, Moda Operandi Names China Managing Director
This week Moda Operandi rolls out China strategy with new hire, while Tod’s menswear veteran departs.
Power Moves | Tod’s Menswear Designer Departs, Moda Operandi Names China Managing Director
This week Moda Operandi rolls out China strategy with new hire, while Tod’s menswear veteran departs.
News & Analysis
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
Coty CEO Camillo Pane Resigns, Chairman Replaced
The announcement of Pane's departure follows a drop in shares for the cosmetics company.
Financial Markets
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Beauty
Beauty’s Augmented Reality Revolution: What’s Real, What’s Hype, What’s Next
Beauty brands are betting heavily on AR, and the early ROI is promising.
Beauty’s Augmented Reality Revolution: What’s Real, What’s Hype, What’s Next
Beauty brands are betting heavily on AR, and the early ROI is promising.
News & Analysis
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Top EU Court to Rule Whether Luxury Brands Can Deny Shoppers Right to Buy Online
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Workplace & Talent
Power Moves | Jeffrey Rudes Joins L'Agence, Stylebop Appoints Fashion Director
This week L’Agence taps J Brand-founder Jeffrey Rudes as its new chief executive, while Stylebop names Ronald Burton its new fashion director.
Power Moves | Jeffrey Rudes Joins L'Agence, Stylebop Appoints Fashion Director
This week L’Agence taps J Brand-founder Jeffrey Rudes as its new chief executive, while Stylebop names Ronald Burton its new fashion director.
Luxury
Top EU Court Adviser Says Coty Can Block Unauthorised Online Sales
The court adviser's view gives luxury brands a boost in the decade-long battle to protect their image and exclusivity online.
Top EU Court Adviser Says Coty Can Block Unauthorised Online Sales
The court adviser's view gives luxury brands a boost in the decade-long battle to protect their image and exclusivity online.
Financial Markets
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Workplace & Talent
Teen Vogue Names Elaine Welteroth Editor-in-Chief, Safilo Appoints Board Chairman and More...
In this week's Power Moves, Condé Nast has promoted Elaine Welteroth to editor-in-chief of Teen Vogue, and Safilo Group has appointed Eugenio Razelli as chairman for its board of directors.
Teen Vogue Names Elaine Welteroth Editor-in-Chief, Safilo Appoints Board Chairman and More...
In this week's Power Moves, Condé Nast has promoted Elaine Welteroth to editor-in-chief of Teen Vogue, and Safilo Group has appointed Eugenio Razelli as chairman for its board of directors.
Workplace & Talent
François-Henri Pinault Exits Puma, British Vogue Names Edward Enninful Editor-in-Chief
This week, Kering's chairman and chief executive stepped down from Puma's board of directors and Edward Enninful has been appointed editor-in-chief of British Vogue.
François-Henri Pinault Exits Puma, British Vogue Names Edward Enninful Editor-in-Chief
This week, Kering's chairman and chief executive stepped down from Puma's board of directors and Edward Enninful has been appointed editor-in-chief of British Vogue.
Beauty
Coty's CoverGirl Transformation Won't Be Easy-Breezy
The $14 billion company will clean up and grow into itself...eventually. It will just take time and a lot of patience from Coty investors.
Coty's CoverGirl Transformation Won't Be Easy-Breezy
The $14 billion company will clean up and grow into itself...eventually. It will just take time and a lot of patience from Coty investors.
Beauty
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
Coty Tumbles After Purchase of P&G Brands Brings Challenges
There is more inventory in the retail channel from the acquired business than the company expected, and broader weakness in colour cosmetics also hurt sales.
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.