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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Financial Markets
Report: Alibaba Weighs Raising $20 Billion Through Second Listing
The e-commerce giant, which is currently listed on the New York Stock Exchange, is working with financial advisers on the planned offering in Hong Kong, according to sources familiar with the matter.
Report: Alibaba Weighs Raising $20 Billion Through Second Listing
The e-commerce giant, which is currently listed on the New York Stock Exchange, is working with financial advisers on the planned offering in Hong Kong, according to sources familiar with the matter.
Financial Markets
Watches of Switzerland Considers London IPO
With revenues of £746 million, the IPO could value the company at up to £1 billion.
Watches of Switzerland Considers London IPO
With revenues of £746 million, the IPO could value the company at up to £1 billion.
Financial Markets
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
Fashion Week
The Week Ahead: Chanel Begins to Chart a Post-Lagerfeld Future
This week, everyone will be talking about Chanel's resort show in Paris, how Adidas plans to extend the Yeezy craze and the latest denim spinoff. Read our BoF Professional Cheat Sheet.
The Week Ahead: Chanel Begins to Chart a Post-Lagerfeld Future
This week, everyone will be talking about Chanel's resort show in Paris, how Adidas plans to extend the Yeezy craze and the latest denim spinoff. Read our BoF Professional Cheat Sheet.
Marketing
Pinterest IPO Raises $1.4 Billion as It Shuns Social-Media Tag
Chief executive Ben Silbermann likes to project a more virtuous, less competitive vision of Pinterest, but investors will still be scrutinising its advertising model.
Pinterest IPO Raises $1.4 Billion as It Shuns Social-Media Tag
Chief executive Ben Silbermann likes to project a more virtuous, less competitive vision of Pinterest, but investors will still be scrutinising its advertising model.
Financial Markets
Klarna CEO Discusses Possible Future IPO
The tech unicorn was valued at more than $2 billion when fashion chain H&M bought a stake in it last year.
Klarna CEO Discusses Possible Future IPO
The tech unicorn was valued at more than $2 billion when fashion chain H&M bought a stake in it last year.
Financial Markets
Levi Strauss Stock Jumps as Earnings Growth Impresses
The company's first earnings report since IPO last month sent stock up 7 percent to over $23 a piece, nearly a record high.
Levi Strauss Stock Jumps as Earnings Growth Impresses
The company's first earnings report since IPO last month sent stock up 7 percent to over $23 a piece, nearly a record high.
Financial Markets
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
Financial Markets
Pinterest Seeks up to $1.28 Billion in IPO
In its last private funding round in 2017, the digital scrapbook raised $150 million for a total valuation of about $12.3 billion.
Pinterest Seeks up to $1.28 Billion in IPO
In its last private funding round in 2017, the digital scrapbook raised $150 million for a total valuation of about $12.3 billion.
Financial Markets
Why Levi's Is Worth $8 Billion
With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.
Why Levi's Is Worth $8 Billion
With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.
Financial Markets
Levi Strauss Shares Surge 31 Percent in Return to Stock Market
The 165-year-old company's return to the public market comes at a time when stocks are near all-time highs and the popularity of denim is surging.
Levi Strauss Shares Surge 31 Percent in Return to Stock Market
The 165-year-old company's return to the public market comes at a time when stocks are near all-time highs and the popularity of denim is surging.
Financial Markets
Levi Strauss Valued at $6.6 Billion as IPO Tops Target
Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.
Levi Strauss Valued at $6.6 Billion as IPO Tops Target
Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.
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.