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
Retail
David's Bridal Files for Chapter 11 Bankruptcy in Delaware
The Pennsylvania-based retailer's court filing lists liabilities of more than $500 million and assets of more than $100 million.
David's Bridal Files for Chapter 11 Bankruptcy in Delaware
The Pennsylvania-based retailer's court filing lists liabilities of more than $500 million and assets of more than $100 million.
Retail
David's Bridal Is Near a Deal for Chapter 11 Restructuring
The American chain store specialising in wedding and prom dresses has been considering bankruptcy for weeks, anonymous sources report.
David's Bridal Is Near a Deal for Chapter 11 Restructuring
The American chain store specialising in wedding and prom dresses has been considering bankruptcy for weeks, anonymous sources report.
Workplace & Talent
Power Moves | Carolina Herrera VP of Design, Haider Ackermann to Berluti
This week, Haider Ackermann has joined Berluti as creative director, and Carolina Herrera appointed Raffaele Ilardo as vice president of design.
Power Moves | Carolina Herrera VP of Design, Haider Ackermann to Berluti
This week, Haider Ackermann has joined Berluti as creative director, and Carolina Herrera appointed Raffaele Ilardo as vice president of design.
News & Analysis
David's Bridal Says Its CEO Has Stepped Down
David's Bridal says its chief executive officer Pam Wallack has left the company and chairman Paul Pressler will replace her.
David's Bridal Says Its CEO Has Stepped Down
David's Bridal says its chief executive officer Pam Wallack has left the company and chairman Paul Pressler will replace her.
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Retail
High Street Retailers Step Up to the Altar
With off-the-rack gowns at competitive prices, retailers like Asos are targeting brides-to-be who are spending less on the dress.
High Street Retailers Step Up to the Altar
With off-the-rack gowns at competitive prices, retailers like Asos are targeting brides-to-be who are spending less on the dress.
News & Analysis
Inside the Designer Bridal Boom
From Sophia Kokosalaki and Oscar de la Renta to Net-a-Porter and Browns, a wide range of ready-to-wear designers and luxury fashion retailers are capitalising on the rise and rise of designer bridalwear.
Inside the Designer Bridal Boom
From Sophia Kokosalaki and Oscar de la Renta to Net-a-Porter and Browns, a wide range of ready-to-wear designers and luxury fashion retailers are capitalising on the rise and rise of designer bridalwear.
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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.