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.
management
Latest News & Analysis
Luxury
The Key Metrics Fashion CEOs Are Watching Now
What you measure is what you get. In a highly unpredictable post-Covid fashion market, business leaders need the right metrics to track the strength of their brands and make informed decisions quickly, mobilise teams and craft a narrative for investors.
The Key Metrics Fashion CEOs Are Watching Now
What you measure is what you get. In a highly unpredictable post-Covid fashion market, business leaders need the right metrics to track the strength of their brands and make informed decisions quickly, mobilise teams and craft a narrative for investors.
Luxury
CEOs, Not Designers, Are Fashion’s New Stars
Business-side executives are becoming brand ambassadors, sometimes surpassing their creative counterparts in public profile.
CEOs, Not Designers, Are Fashion’s New Stars
Business-side executives are becoming brand ambassadors, sometimes surpassing their creative counterparts in public profile.
News & Analysis
Lululemon's Chief Executive Laurent Potdevin Resigns After Misconduct
The Vancouver-based maker of yoga pants and other athletic-inspired clothing didn't offer specifics.
Lululemon's Chief Executive Laurent Potdevin Resigns After Misconduct
The Vancouver-based maker of yoga pants and other athletic-inspired clothing didn't offer specifics.
News & Analysis
What Makes a Great Fashion CEO?
In times of turbulent change, leaders must balance quantitative and qualitative strategies with a sharp understanding of the consumer and a knack for nailing risks.
What Makes a Great Fashion CEO?
In times of turbulent change, leaders must balance quantitative and qualitative strategies with a sharp understanding of the consumer and a knack for nailing risks.
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News & Analysis
Tod's to See Benefits from New Management in Second Half
The Italian luxury group said results from its new management team would be visible starting from the second part of the year.
Tod's to See Benefits from New Management in Second Half
The Italian luxury group said results from its new management team would be visible starting from the second part of the year.
News & Analysis
The School That Pierre Bergé Built
Established by the partner of Yves Saint Laurent, the Institut Français de la Mode is closely knitted into the French fashion ecosystem like few others.
The School That Pierre Bergé Built
Established by the partner of Yves Saint Laurent, the Institut Français de la Mode is closely knitted into the French fashion ecosystem like few others.
News & Analysis
Great Bowery, Freshly Founderless, Dives into Film Production
The super-agency is launching a new in-house film division just four months after founder Matthew Moneypenny stepped down amidst reports of disagreements with the investor.
Great Bowery, Freshly Founderless, Dives into Film Production
The super-agency is launching a new in-house film division just four months after founder Matthew Moneypenny stepped down amidst reports of disagreements with the investor.
News & Analysis
IMG's Lens Agency Signs Top Creatives
Among the talents now represented by Lens are photographers Lea Colombo and Christine Hahn, as well as artist Jeff Bark and the New York-based collective DIS.
IMG's Lens Agency Signs Top Creatives
Among the talents now represented by Lens are photographers Lea Colombo and Christine Hahn, as well as artist Jeff Bark and the New York-based collective DIS.
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News & Analysis
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
Stitch Fix Has Hired a New CFO. An IPO Probably Comes Next.
"Stitch Fix has hired a new chief financial officer who many industry insiders believe will soon guide the company to an IPO."
Financial Markets
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Retail
J. Crew Term Debt Swap Meets Resistance From Creditors
The company's decision to tame its $2 billion debt load is already meeting opposition from a group of creditors that’s been battling the preppy clothing chain over control of its brand.
J. Crew Term Debt Swap Meets Resistance From Creditors
The company's decision to tame its $2 billion debt load is already meeting opposition from a group of creditors that’s been battling the preppy clothing chain over control of its brand.
Retail
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
J. Crew Seeks Debt Swap Amid Declining Sales
J.Crew, which is struggling to adjust as shoppers flock to online commerce amid changing tastes, announced a debt swap on Monday, in addition to a fall in its quarterly sales.
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.