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.

Rocco Iannone toned down the dandy-like decadence of his debut, but he should embrace chaos a bit more from now on.

Rocco Iannone toned down the dandy-like decadence of his debut, but he should embrace chaos a bit more from now on.

Models mingled with guests at the designer's garden party, where her soft and welcoming men's and women's wear was a highlight of the Milanese season.

Models mingled with guests at the designer's garden party, where her soft and welcoming men's and women's wear was a highlight of the Milanese season.

If the collection was built around the Armani-izing of the double-breasted jacket, the show backdrop — a snapshot of any Mediterranean island in the summer — set the soft, washed-out tone for everything else.

If the collection was built around the Armani-izing of the double-breasted jacket, the show backdrop — a snapshot of any Mediterranean island in the summer — set the soft, washed-out tone for everything else.

Silvia Venturini Fendi constantly makes the normal special and for her latest collection, full of playfully demonic pieces, the designer delivered once again.

Silvia Venturini Fendi constantly makes the normal special and for her latest collection, full of playfully demonic pieces, the designer delivered once again.

Miuccia Prada built her collection on blazers and coats and then frosted the familiar with a layer of excitement — including a psychedelic subtext, a bit of flower power and a sensational mélange of found imagery.

Miuccia Prada built her collection on blazers and coats and then frosted the familiar with a layer of excitement — including a psychedelic subtext, a bit of flower power and a sensational mélange of found imagery.

Dean and Dan Caten presented some outstanding product, including particularly noteworthy outerwear. But lately, the designers are more like followers of trends than leaders.

Dean and Dan Caten presented some outstanding product, including particularly noteworthy outerwear. But lately, the designers are more like followers of trends than leaders.

It was a trademark MSGM collection in more ways than one. In order to progress, Massimo Giorgetti needs to shake things up.

It was a trademark MSGM collection in more ways than one. In order to progress, Massimo Giorgetti needs to shake things up.

The designer didn't break new ground, but he delivered a refreshing evolution by tweaking his formula with industrial graphics and straightforward shapes.

The designer didn't break new ground, but he delivered a refreshing evolution by tweaking his formula with industrial graphics and straightforward shapes.

There was something subtly political about what Donatella Versace presented, her version of an antidote to toxic masculinity.

There was something subtly political about what Donatella Versace presented, her version of an antidote to toxic masculinity.

The designer rose to the challenge he set for himself, an excursion into colour, and brought a gratifying spark of excitement to his latest collection.

The designer rose to the challenge he set for himself, an excursion into colour, and brought a gratifying spark of excitement to his latest collection.

Francesco Risso exhumed vintage uniforms and twisted them into new guises. But the show’s presentation pointed to layers deeper and darker than catwalk hijinks.

Francesco Risso exhumed vintage uniforms and twisted them into new guises. But the show’s presentation pointed to layers deeper and darker than catwalk hijinks.

Alessandro Sartori's obsession with formal experiment, underpinned by a keen appreciation of function, makes a bridge between Zegna's past and future clienteles.

Alessandro Sartori's obsession with formal experiment, underpinned by a keen appreciation of function, makes a bridge between Zegna's past and future clienteles.
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.