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.

Founders and executives from Arrae, Phlur, Danessa Myricks Beauty, Haus Labs, Pattern Beauty, Kosas, Patrick Ta, Ilia, Summer Fridays and One/Size by Patrick Starr gathered in Los Angeles for dinner to celebrate the city’s thriving founder-led beauty community.

Founders and executives from Arrae, Phlur, Danessa Myricks Beauty, Haus Labs, Pattern Beauty, Kosas, Patrick Ta, Ilia, Summer Fridays and One/Size by Patrick Starr gathered in Los Angeles for dinner to celebrate the city’s thriving founder-led beauty community.

The personalised perfumery will open a store in Dallas’ upmarket West Village neighbourhood on Oct. 24, its ninth retail location, with more US openings slated to follow.

The personalised perfumery will open a store in Dallas’ upmarket West Village neighbourhood on Oct. 24, its ninth retail location, with more US openings slated to follow.

As the boutique lifestyle brand prepares to open its first flagship store outside of India, BoF sits down with founder and creative director Anita Lal to unpack how she unites traditional Indian artistry with contemporary homeware — while celebrating the communities behind the craft.

As the boutique lifestyle brand prepares to open its first flagship store outside of India, BoF sits down with founder and creative director Anita Lal to unpack how she unites traditional Indian artistry with contemporary homeware — while celebrating the communities behind the craft.

The Business of Beauty’s executive editor is bringing back her weekly newsletter, and diving into how shifting ideals, new players and cultural movements are transforming the multi-billion-dollar beauty and wellness industries.

The Business of Beauty’s executive editor is bringing back her weekly newsletter, and diving into how shifting ideals, new players and cultural movements are transforming the multi-billion-dollar beauty and wellness industries.
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Inspired by an original perfume created in the 1940s and long discontinued, the 10-piece collection will be available to purchase on Sept. 10 from select Balenciaga boutiques.

Inspired by an original perfume created in the 1940s and long discontinued, the 10-piece collection will be available to purchase on Sept. 10 from select Balenciaga boutiques.

As companies lower their forecasts, brace for tariffs and undertake layoffs, the industry is realising its tried-and-true categories and markets will need reinforcements.

As companies lower their forecasts, brace for tariffs and undertake layoffs, the industry is realising its tried-and-true categories and markets will need reinforcements.

As the fight for teen relevancy and wallet share intensifies, the Coty-produced fragrance line will launch an all-new collection of affordable body mists.

As the fight for teen relevancy and wallet share intensifies, the Coty-produced fragrance line will launch an all-new collection of affordable body mists.

Luxury fashion brands like Bottega Veneta, Balmain and Rabanne are looking to cash in on the niche fragrance boom with new lines of ultra-premium scents. They face tough competition from more agile indies — and are dealing with a different kind of customer.

Luxury fashion brands like Bottega Veneta, Balmain and Rabanne are looking to cash in on the niche fragrance boom with new lines of ultra-premium scents. They face tough competition from more agile indies — and are dealing with a different kind of customer.
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Interest in niche fragrances is growing the overall perfume market in Asia, which has been historically dwarfed by its skincare and cosmetics segments. Global cult brands like Byredo are refreshing their local efforts to win big.

Interest in niche fragrances is growing the overall perfume market in Asia, which has been historically dwarfed by its skincare and cosmetics segments. Global cult brands like Byredo are refreshing their local efforts to win big.

In order to reverse its sales decline, the company is reportedly considering selling off poorer-performing, lower-margin brands and cutting other costs. Investors want to see the fat trimmed, and more room created for future growth.

In order to reverse its sales decline, the company is reportedly considering selling off poorer-performing, lower-margin brands and cutting other costs. Investors want to see the fat trimmed, and more room created for future growth.

The new “everything shower” costs less than a latte — and about as much as a drugstore shampoo and conditioner, Faran Krentcil writes in Haul of Fame.

The new “everything shower” costs less than a latte — and about as much as a drugstore shampoo and conditioner, Faran Krentcil writes in Haul of Fame.

This year, marketing efforts for everything from skincare to fragrance targeted new cohorts — Gen Alpha, male athletes, pet owners, “MomTok” — and across more channels than ever.

This year, marketing efforts for everything from skincare to fragrance targeted new cohorts — Gen Alpha, male athletes, pet owners, “MomTok” — and across more channels than ever.
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.