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.
eyewear
News & Analysis
Blake Mycoskie on 10 Years of Toms
Blake Mycoskie, who founded one-for-one shoe company Toms in his California apartment, on the company's critics and 'chaotic' early days.
Blake Mycoskie on 10 Years of Toms
Blake Mycoskie, who founded one-for-one shoe company Toms in his California apartment, on the company's critics and 'chaotic' early days.
News & Analysis
Thai Police Seize Almost 900,000 Counterfeit Sunglasses
Police in Thailand say they have seized almost 900,000 counterfeit brand-name sunglasses at a warehouse where they also arrested two Chinese nationals accused of making the products.
Thai Police Seize Almost 900,000 Counterfeit Sunglasses
Police in Thailand say they have seized almost 900,000 counterfeit brand-name sunglasses at a warehouse where they also arrested two Chinese nationals accused of making the products.
Financial Markets
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Financial Markets
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
News & Analysis
Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs
Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.
Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs
Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.
Financial Markets
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
News & Analysis
Sunglasses Shape Up
Just like in handbags, leaders in the luxury sunglasses market are moving away from logos and embracing the power of unique shapes.
Sunglasses Shape Up
Just like in handbags, leaders in the luxury sunglasses market are moving away from logos and embracing the power of unique shapes.
News & Analysis
Vuarnet’s Shades Cover Bond’s Baby Blues as Brand Eyes Revival
French eyewear company Vuarnet didn’t pay for the product placement, yet its appearance in the latest James Bond film “Spectre” comes at an opportune time, just as it reissues the vintage Glacier shades worn by Craig at a price of $600 a pair.
Vuarnet’s Shades Cover Bond’s Baby Blues as Brand Eyes Revival
French eyewear company Vuarnet didn’t pay for the product placement, yet its appearance in the latest James Bond film “Spectre” comes at an opportune time, just as it reissues the vintage Glacier shades worn by Craig at a price of $600 a pair.
News & Analysis
Swatch Plans to Start Selling Sunglasses to Boost Product Lineup
Swatch Group plans to start selling sunglasses under its namesake brand as soon as this year, a diversification from its main business of Swiss watches as that industry faces one of its most challenging years.
Swatch Plans to Start Selling Sunglasses to Boost Product Lineup
Swatch Group plans to start selling sunglasses under its namesake brand as soon as this year, a diversification from its main business of Swiss watches as that industry faces one of its most challenging years.
News & Analysis
A Closer Look at the $13 Billion Premium Eyewear Market
Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?
A Closer Look at the $13 Billion Premium Eyewear Market
Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?
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.