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.

The US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.

The US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.

The draft underscored India’s intent to examine every aspect of e-commerce regulation from data localisation to antitrust rules, tightening restrictions on global giants like Amazon and Google.

The draft underscored India’s intent to examine every aspect of e-commerce regulation from data localisation to antitrust rules, tightening restrictions on global giants like Amazon and Google.

The land of sponsored posts and freebies is still very much the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean.

The land of sponsored posts and freebies is still very much the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean.

A circular economy incentive to prohibit brands from discarding unsold clothing means luxury and high street retailers need to rethink their practices.

A circular economy incentive to prohibit brands from discarding unsold clothing means luxury and high street retailers need to rethink their practices.
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Amazon said it had settled a long-running dispute with French tax authorities, who have been seeking nearly $249 million from the online retail giant.

Amazon said it had settled a long-running dispute with French tax authorities, who have been seeking nearly $249 million from the online retail giant.

The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.

The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.

Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.

Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.

BoF has learned that G-III, the company that licenses Ivanka Trump ready-to-wear, has relabelled inventory without the knowledge of the brand and sold it to discount chain Stein Mart.

BoF has learned that G-III, the company that licenses Ivanka Trump ready-to-wear, has relabelled inventory without the knowledge of the brand and sold it to discount chain Stein Mart.
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France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.

France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.

Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.

Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.

Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.

Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.

UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.

UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
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.