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.
leadership
Luxury
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
News & Analysis
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
The State of Fashion 2026: When the Rules Change
The 10th annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals how changes in trade, technology and consumer behaviour will challenge businesses in 2026. Download the full report to understand the 10 themes that will shape the industry and opportunities for growth in the year ahead.
Luxury
Antonin Tron to Design Balmain
The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.
Antonin Tron to Design Balmain
The founder of Atlein will replace Olivier Rousteing, who parted ways with Mayhoola-backed Balmain last week after fourteen years as the house’s creative director.
Workplace & Talent
It’s Time for Fashion to Get Real About AI’s Impact on Jobs
Fashion brands are racing to deploy AI in marketing, design and employee workflows. But inside companies, a lack of clarity is breeding layoff anxiety — and quiet AI use that feels risky, if not like cheating.
It’s Time for Fashion to Get Real About AI’s Impact on Jobs
Fashion brands are racing to deploy AI in marketing, design and employee workflows. But inside companies, a lack of clarity is breeding layoff anxiety — and quiet AI use that feels risky, if not like cheating.
Technology
How Small Brands Are Learning to Love AI
Startups are starting to use AI for everything from retail planning to inventory management, while mostly keeping the technology away from the creative parts of their business.
How Small Brands Are Learning to Love AI
Startups are starting to use AI for everything from retail planning to inventory management, while mostly keeping the technology away from the creative parts of their business.
Luxury
Olivier Rousteing Departs Balmain
Rousteing is stepping down after 14 years as creative director, the French fashion house announced.
Olivier Rousteing Departs Balmain
Rousteing is stepping down after 14 years as creative director, the French fashion house announced.
Luxury
Van Cleef & Arpels’ Alhambra: How to Update a Timeless Charm
CEO Catherine Rénier discusses the decision to add new models to the iconic collection that’s fundamental to the jewellery house’s bottom line.
Van Cleef & Arpels’ Alhambra: How to Update a Timeless Charm
CEO Catherine Rénier discusses the decision to add new models to the iconic collection that’s fundamental to the jewellery house’s bottom line.
News & Analysis
Why I’m Excited About BoF VOICES 2025
Join us for our annual gathering for big thinkers from November 18-21.
Why I’m Excited About BoF VOICES 2025
Join us for our annual gathering for big thinkers from November 18-21.
Luxury
Arnault Tightens His LVMH Control With $1.6 Billion Buying Spree
The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.
Arnault Tightens His LVMH Control With $1.6 Billion Buying Spree
The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.
Beauty
How Black Beauty’s Class of 2020 Is Navigating a Tough Market
Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.
How Black Beauty’s Class of 2020 Is Navigating a Tough Market
Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.
Marketing
How Favorite Daughter Benefitted From the Netflix Effect
The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.
How Favorite Daughter Benefitted From the Netflix Effect
The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.
Luxury
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
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.