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.
regulation
Latest News & Analysis
News & Analysis
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%
The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.
Retail
US Businesses Clamour for Refunds After Supreme Court Strikes Down Trump’s Tariffs
The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’
US Businesses Clamour for Refunds After Supreme Court Strikes Down Trump’s Tariffs
The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’
Sustainability
Copenhagen Fashion Week Defies the Sustainability Pullback
The event, now in its 20th year, made its name by embedding environmental responsibility into its structure. But as green initiatives slip down fashion’s corporate agenda, what does its future look like?
Copenhagen Fashion Week Defies the Sustainability Pullback
The event, now in its 20th year, made its name by embedding environmental responsibility into its structure. But as green initiatives slip down fashion’s corporate agenda, what does its future look like?
Technology
Explainer: How Fashion Brands Should Prepare for Mandatory Digital Product Passports
The deadline for every fashion item sold in the EU to have its own digital identity is inching closer. Brands need to get ready.
Explainer: How Fashion Brands Should Prepare for Mandatory Digital Product Passports
The deadline for every fashion item sold in the EU to have its own digital identity is inching closer. Brands need to get ready.
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Sustainability
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
Luxury
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
This Week: Italy Takes on Fast Fashion, Retail Earnings, BoF VOICES 2025
Anti-Shein laws are advancing across Europe while the Italian sweatshop investigation hits a key juncture. Meanwhile, US off-price earnings offer a view on lower-income consumers.
Retail
A Trump Supreme Court Tariff Defeat Would Add to Trade Uncertainty
Experts anticipate that Trump will shift to other trade tactics as his tariff’s are met with tough scrutiny in US Supreme Court oral arguments.
A Trump Supreme Court Tariff Defeat Would Add to Trade Uncertainty
Experts anticipate that Trump will shift to other trade tactics as his tariff’s are met with tough scrutiny in US Supreme Court oral arguments.
Retail
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
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Beauty
How Beauty Can Navigate a Testing Confidence Crisis
As Australian regulators investigate a lab associated with sunscreens shown to have inconsistent SPF ratings, brands must grapple with questioned trust in beauty’s third-party product testing system.
How Beauty Can Navigate a Testing Confidence Crisis
As Australian regulators investigate a lab associated with sunscreens shown to have inconsistent SPF ratings, brands must grapple with questioned trust in beauty’s third-party product testing system.
Sustainability
From Shein to Chanel, What Paris Says About the State of Fashion
After a season of designer debuts, we’re looking at whether fashion has delivered on its great reset, as well as the other drama playing out in Paris: Shein’s plans to open its first physical stores. Then there’s the latest luxury sweatshop scandal, and also Taylor Swift.
From Shein to Chanel, What Paris Says About the State of Fashion
After a season of designer debuts, we’re looking at whether fashion has delivered on its great reset, as well as the other drama playing out in Paris: Shein’s plans to open its first physical stores. Then there’s the latest luxury sweatshop scandal, and also Taylor Swift.
Luxury
Brunello Cucinelli Seeks to Reassure Investors After Short Seller Accusations
The Italian cashmere label rejected allegations that it misled investors about its Russian business and discounting practices and confirmed it’s on target to grow sales 10 percent this year.
Brunello Cucinelli Seeks to Reassure Investors After Short Seller Accusations
The Italian cashmere label rejected allegations that it misled investors about its Russian business and discounting practices and confirmed it’s on target to grow sales 10 percent this year.
Sustainability
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
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.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
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.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
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.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
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.