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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Market Pulse | Cashing In
Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.
Market Pulse | Cashing In
Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.
News & Analysis
North American Retailers Set 5-Year Bangladesh Factory Plan
WASHINGTON DC, United States — Nearly 20 North American retailers including Wal-Mart Stores Inc and Gap Inc unveiled a 5-year safety plan for
North American Retailers Set 5-Year Bangladesh Factory Plan
WASHINGTON DC, United States — Nearly 20 North American retailers including Wal-Mart Stores Inc and Gap Inc unveiled a 5-year safety plan for
News & Analysis
Renewing Holt Renfrew, Hilfiger's new stripes, Jones Group acquires Kurt Geiger, Gucci turns 90, The art of Prada
For Holt's, luxury regains its proper place (Globe and Mail) "The full-price model is part of Mr. Derbyshire's five-year business plan to strengthen
Renewing Holt Renfrew, Hilfiger's new stripes, Jones Group acquires Kurt Geiger, Gucci turns 90, The art of Prada
For Holt's, luxury regains its proper place (Globe and Mail) "The full-price model is part of Mr. Derbyshire's five-year business plan to strengthen
News & Analysis
Shoemaking renaissance, Jones eyes Jimmy Choo, China’s challenges, Museum couture, González’s poetry
At Their Feet, Crafted by Hand (NY Times) "It has not been lost on workers at Allen Edmonds, or those at about a half-dozen shoe companies that still
Shoemaking renaissance, Jones eyes Jimmy Choo, China’s challenges, Museum couture, González’s poetry
At Their Feet, Crafted by Hand (NY Times) "It has not been lost on workers at Allen Edmonds, or those at about a half-dozen shoe companies that still
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News & Analysis
Tisci’s transgender express, Jones buys Weitzman, Uniqlo sales drop, Burch America’s sweetheart, Katie Eary's genius
Tisci's Trans Europe Express (WWD) "Givenchy designer Riccardo Tisci has taken the whole idea of 'coed fashion shoot' to another level: The designer
Tisci’s transgender express, Jones buys Weitzman, Uniqlo sales drop, Burch America’s sweetheart, Katie Eary's genius
Tisci's Trans Europe Express (WWD) "Givenchy designer Riccardo Tisci has taken the whole idea of 'coed fashion shoot' to another level: The designer
News & Analysis
Jones buys Rodriguez, US retail recovery, LVMH earnings down, Hermès ups forecast, Which celebrities sell?
Jones Apparel Acquires L.A. Designer Label (Apparel News) "Jones Apparel Group Inc., the... corporation that has been on the hunt for brands,
Jones buys Rodriguez, US retail recovery, LVMH earnings down, Hermès ups forecast, Which celebrities sell?
Jones Apparel Acquires L.A. Designer Label (Apparel News) "Jones Apparel Group Inc., the... corporation that has been on the hunt for brands,
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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.