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.

NEW YORK, United States — "You have to make quick decisions," Jenna Lyons, the president and creative director of J.Crew, told BoF. "Ultimately,

NEW YORK, United States — "You have to make quick decisions," Jenna Lyons, the president and creative director of J.Crew, told BoF. "Ultimately,

NEW YORK, United States — "I always believed in making clothes with affordable prices," said Phillip Lim, one of the many young designers to have

NEW YORK, United States — "I always believed in making clothes with affordable prices," said Phillip Lim, one of the many young designers to have

LONDON, United Kingdom — "I started my business when I was 18," said luxury handbag designer Anya Hindmarch. On her gap year in Florence, Italy, she

LONDON, United Kingdom — "I started my business when I was 18," said luxury handbag designer Anya Hindmarch. On her gap year in Florence, Italy, she

NEW YORK, United States — "For me it's all about longevity," says designer Yigal Azrouël. "You see a lot of brands out there becoming stars over

NEW YORK, United States — "For me it's all about longevity," says designer Yigal Azrouël. "You see a lot of brands out there becoming stars over

NEW YORK, United States — "It was almost like an experiment," says Victoria Bartlett, of starting her much-loved underwear-as-outerwear line VPL in

NEW YORK, United States — "It was almost like an experiment," says Victoria Bartlett, of starting her much-loved underwear-as-outerwear line VPL in

NEW YORK, United States — "I want to own this whole thing," Philip Crangi says of his popular jewellery brand. "I'd rather own 100 percent of

NEW YORK, United States — "I want to own this whole thing," Philip Crangi says of his popular jewellery brand. "I'd rather own 100 percent of

Viktor and Rolf | Photo: Philip Riches

Viktor and Rolf | Photo: Philip Riches

Today, BoF brings you First Person with Band of Outsiders' Scott Sternberg, followed later this week by the exclusive global debut of a new Band of

Today, BoF brings you First Person with Band of Outsiders' Scott Sternberg, followed later this week by the exclusive global debut of a new Band of

First Person, a new series on BoF, brings you business stories and lessons from real fashion entrepreneurs. First up, cult jewellery designer, Pamela

First Person, a new series on BoF, brings you business stories and lessons from real fashion entrepreneurs. First up, cult jewellery designer, Pamela
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.