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 deal was made possible, in part, by an infusion of $650 million from the private equity arm of Charles G. and David H. Koch, the billionaire

"The deal was made possible, in part, by an infusion of $650 million from the private equity arm of Charles G. and David H. Koch, the billionaire

The New York-based publisher said its total third-quarter advertising revenue fell 11.5 percent to $369 million, led by a 17.7 percent decline in print advertising revenue.

The New York-based publisher said its total third-quarter advertising revenue fell 11.5 percent to $369 million, led by a 17.7 percent decline in print advertising revenue.

Other titles, including GQ, W and Glamour, will reduce frequency as the stalwart publisher works to reimagine itself as a leading digital player.

Other titles, including GQ, W and Glamour, will reduce frequency as the stalwart publisher works to reimagine itself as a leading digital player.

As the shift to digital eats into print advertising revenues, more magazines are doing what was once unthinkable: turning their front covers into advertising.

As the shift to digital eats into print advertising revenues, more magazines are doing what was once unthinkable: turning their front covers into advertising.

With a digital-first strategy in place and a biannual print issue planned, the consolidation is expected to result in a yet-to-be determined number of job losses.

With a digital-first strategy in place and a biannual print issue planned, the consolidation is expected to result in a yet-to-be determined number of job losses.

As the editor-in-chief prepares to exit Glamour after 16 years, she reflects on today's media landscape, feminism and the title's Powered by Women initiative.

As the editor-in-chief prepares to exit Glamour after 16 years, she reflects on today's media landscape, feminism and the title's Powered by Women initiative.

The goal, according to founders Danielle and Laura Kosann, is not to increase their current 2 million page views per month, but drive deeper engagement with existing readers.

The goal, according to founders Danielle and Laura Kosann, is not to increase their current 2 million page views per month, but drive deeper engagement with existing readers.

What does the unprecedented changing of the guard at Vanity Fair, Elle and Glamour spell for the future of fashion media?

What does the unprecedented changing of the guard at Vanity Fair, Elle and Glamour spell for the future of fashion media?

As Hearst’s first menswear title in Italy, the Giampietro Baudo-helmed Esquire.it will attempt to reclaim market dominance from Condé Nast.

As Hearst’s first menswear title in Italy, the Giampietro Baudo-helmed Esquire.it will attempt to reclaim market dominance from Condé Nast.

The Indian edition of the magazine is celebrating the nation’s artisans with handcrafted covers for its latest issue.

The Indian edition of the magazine is celebrating the nation’s artisans with handcrafted covers for its latest issue.

Carter, 68, said that he was eager for a ‘third act’.

Carter, 68, said that he was eager for a ‘third act’.

The journalist and author will work across a range of editorial projects, while continuing to contribute to the New York Times' T magazine.

The journalist and author will work across a range of editorial projects, while continuing to contribute to the New York Times' T magazine.
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.