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.

Whether or not the experiment got the media attention designer Marcus Wainwright was hoping for remains to be seen but it worked in the room.

Whether or not the experiment got the media attention designer Marcus Wainwright was hoping for remains to be seen but it worked in the room.

The clothes aren’t spectacular, but they feel relevant enough. Here's to hoping Marcus Wainwright pushes himself and his team further next season.

The clothes aren’t spectacular, but they feel relevant enough. Here's to hoping Marcus Wainwright pushes himself and his team further next season.

This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.

This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.

Founder Marcus Wainwright will continue to oversee the creative side of the business, relinquishing his business-side duties to Nike veteran Stefanie Strack starting next month.

Founder Marcus Wainwright will continue to oversee the creative side of the business, relinquishing his business-side duties to Nike veteran Stefanie Strack starting next month.
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Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.

Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.

Individual pieces popped but overall the collection didn't sizzle the way great product must in this unforgiving market.

Individual pieces popped but overall the collection didn't sizzle the way great product must in this unforgiving market.

Marcus Wainwright is at his best when he breaks away from his urge to offer generic 'key items of the season' and instead doubles down on the brand's most reliable tropes.

Marcus Wainwright is at his best when he breaks away from his urge to offer generic 'key items of the season' and instead doubles down on the brand's most reliable tropes.

The art wall’s allure as a social media-worthy photo op has been embraced by retailers as a marketing opportunity. Does it convert into sales?

The art wall’s allure as a social media-worthy photo op has been embraced by retailers as a marketing opportunity. Does it convert into sales?
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Marcus Wainwright not only did away with a runway show this season, he abandoned the idea of a “collection” altogether.

Marcus Wainwright not only did away with a runway show this season, he abandoned the idea of a “collection” altogether.

Now Rag & Bone’s sole chief executive, Marcus Wainwright speaks to BoF about leading the brand through a time of great change and why it’s not impossible to build another billion-dollar brand.

Now Rag & Bone’s sole chief executive, Marcus Wainwright speaks to BoF about leading the brand through a time of great change and why it’s not impossible to build another billion-dollar brand.

Marcus Wainwright returned to Rag & Bone essentials: utility, military, vintage, English public school, classic youth cult.

Marcus Wainwright returned to Rag & Bone essentials: utility, military, vintage, English public school, classic youth cult.

BoF compiles the most important professional moves of the week.

BoF compiles the most important professional moves of the week.
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.