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 fashion industry must internalise the idea that there is no single Chinese market, attendees learned at BoF’s VOICES.

The fashion industry must internalise the idea that there is no single Chinese market, attendees learned at BoF’s VOICES.

Following last year's successful collaboration, The Business of Fashion is delighted to announce that McKinsey & Company will be the Exclusive Knowledge Partner for this year’s VOICES gathering.

Following last year's successful collaboration, The Business of Fashion is delighted to announce that McKinsey & Company will be the Exclusive Knowledge Partner for this year’s VOICES gathering.

The Business of Fashion is delighted to announce that McKinsey & Company will be the exclusive knowledge partner for VOICES, BoF’s new annual gathering for big thinkers this December.

The Business of Fashion is delighted to announce that McKinsey & Company will be the exclusive knowledge partner for VOICES, BoF’s new annual gathering for big thinkers this December.

BoF talks to four former management consultants, now working in top positions in fashion, about their unconventional career paths.

BoF talks to four former management consultants, now working in top positions in fashion, about their unconventional career paths.
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"From Selfridges in London to Fifth Avenue in New York', the sight of Chinese shoppers flocking to luxury clothing stores is now a familiar one for

"From Selfridges in London to Fifth Avenue in New York', the sight of Chinese shoppers flocking to luxury clothing stores is now a familiar one for
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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.