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.
earnings-report
Luxury
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
Financial Markets
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Financial Markets
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Luxury
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Retail
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Financial Markets
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Luxury
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
Financial Markets
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
Luxury
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Luxury
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Financial Markets
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Financial Markets
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
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.