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 Canadian sportswear company promotes Celeste Burgoyne to president of the Americas and global guest innovation teams, while Lauren Guthrie will helm diversity and inclusion initiatives at VF Corp.

The Canadian sportswear company promotes Celeste Burgoyne to president of the Americas and global guest innovation teams, while Lauren Guthrie will helm diversity and inclusion initiatives at VF Corp.

This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.

This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.

This week, Malika Savell will lead diversity initiatives at Prada North America, while Daniela Falcão is stepping down as managing director of Edições Globo Condé Nast.

This week, Malika Savell will lead diversity initiatives at Prada North America, while Daniela Falcão is stepping down as managing director of Edições Globo Condé Nast.

This week, Nicolas Hieronimus takes the helm at L’Oréal, while Macy’s appoints a Boston Consulting Group partner as Chief Financial Officer.

This week, Nicolas Hieronimus takes the helm at L’Oréal, while Macy’s appoints a Boston Consulting Group partner as Chief Financial Officer.
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This week, the stylist is American Vogue’s latest editorial addition, while Abloh joins the nonprofit's board of governors.

This week, the stylist is American Vogue’s latest editorial addition, while Abloh joins the nonprofit's board of governors.

This week, it was announced that Larsson will take the helm from Manny Chirico in February, while Patagonia named Rose Marcario’s successor.

This week, it was announced that Larsson will take the helm from Manny Chirico in February, while Patagonia named Rose Marcario’s successor.

This week, renowned journalist Robin Givhan expands her role at The Washington Post, while Bastien Renard joined Rihanna's LVMH-owned Fenty brand as its new managing director.

This week, renowned journalist Robin Givhan expands her role at The Washington Post, while Bastien Renard joined Rihanna's LVMH-owned Fenty brand as its new managing director.

This week, Aya Kanai was named Pinterest’s new head of content and editorial partnerships, while Valentino general manager for the Middle East, Laurent Bergamo, was promoted to chief executive of the Americas region.

This week, Aya Kanai was named Pinterest’s new head of content and editorial partnerships, while Valentino general manager for the Middle East, Laurent Bergamo, was promoted to chief executive of the Americas region.
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This week, Martin Brok succeeded Chris de Lapuente as president and chief executive of LVMH-owned Sephora, while Nicolas Di Felice joined Courrèges as artistic director.

This week, Martin Brok succeeded Chris de Lapuente as president and chief executive of LVMH-owned Sephora, while Nicolas Di Felice joined Courrèges as artistic director.

This week, Corey Smith was named vice president of diversity and inclusion at LVMH Inc., while Jimmy Choo veteran Hannah Colman was appointed chief executive of the luxury fashion house.

This week, Corey Smith was named vice president of diversity and inclusion at LVMH Inc., while Jimmy Choo veteran Hannah Colman was appointed chief executive of the luxury fashion house.

This week, Kelley Carter was named home fashion director of the American department store chain, while Simon Holloway exited Agnona after five years at the brand.

This week, Kelley Carter was named home fashion director of the American department store chain, while Simon Holloway exited Agnona after five years at the brand.

This week, Macy’s veteran Jennifer Johnson is promoted to director of ready-to-wear, while Vanity Fair appoints Nicole Chapoteau to fashion director.

This week, Macy’s veteran Jennifer Johnson is promoted to director of ready-to-wear, while Vanity Fair appoints Nicole Chapoteau to fashion director.
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.