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.

The e-commerce app traffics in low-cost goods, but some shoppers got more than they anticipated.

The e-commerce app traffics in low-cost goods, but some shoppers got more than they anticipated.

AliExpress, Amazon, eBay and Rakuten-France committed to the pledge as part of broader Commission efforts to tackle an array of dangerous or illegal content online.

AliExpress, Amazon, eBay and Rakuten-France committed to the pledge as part of broader Commission efforts to tackle an array of dangerous or illegal content online.

This week, a Supreme Court decision challenges the status of e-commerce retailers, while Amazon quietly promotes its in-house products to consumers.

This week, a Supreme Court decision challenges the status of e-commerce retailers, while Amazon quietly promotes its in-house products to consumers.

This week, Amazon pledges to include women and minority candidates in its board search, while New Look reviews prices amid 'fat tax' row.

This week, Amazon pledges to include women and minority candidates in its board search, while New Look reviews prices amid 'fat tax' row.

In a new documentary, Highsnobiety explores Moscow's growing obsession for fake goods from designers including Louis Vuitton, Gucci and Adidas.

In a new documentary, Highsnobiety explores Moscow's growing obsession for fake goods from designers including Louis Vuitton, Gucci and Adidas.

This week, China launches a luxury brand appraisal centre to tackle fakes, while street style's focus on thin white women is excluding minorities.

This week, China launches a luxury brand appraisal centre to tackle fakes, while street style's focus on thin white women is excluding minorities.

While Taobao's inclusion does not carry any direct penalties, it is a blow to Alibaba's efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate.

While Taobao's inclusion does not carry any direct penalties, it is a blow to Alibaba's efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate.

A New York startup says it has a technology that can spot counterfeits without the guesswork.

A New York startup says it has a technology that can spot counterfeits without the guesswork.

As part of the agreement, Kering has dropped a lawsuit against Alibaba and agreed instead to co-operate on safeguarding their intellectual property rights.

As part of the agreement, Kering has dropped a lawsuit against Alibaba and agreed instead to co-operate on safeguarding their intellectual property rights.

Paytm Mall, the latest entrant into India’s online retailing market, de-listed thousands of suspect sellers from its platform to avoid backer Alibaba's reputation as a haven for fakes.

Paytm Mall, the latest entrant into India’s online retailing market, de-listed thousands of suspect sellers from its platform to avoid backer Alibaba's reputation as a haven for fakes.

The move reflects Amazon's efforts to court increasingly important third-party sellers.

The move reflects Amazon's efforts to court increasingly important third-party sellers.

In an open letter, Ma said enforcement had been too lax and the authorities should raise maximum prison sentences and other penalties to deter illegal profiteers.

In an open letter, Ma said enforcement had been too lax and the authorities should raise maximum prison sentences and other penalties to deter illegal profiteers.
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.