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.
tariff
Latest News & Analysis
Global Markets
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Worldview | Middle East Retailers Rattled by Escalating Iran Conflict
This week’s round-up of global markets fashion business news also features Sri Lankan apparel manufacturers, Vietnam’s textile exporters and Korean brands in China.
Retail
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
This Week: Tariff Uncertainty Looms Over Retail Earnings Season
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
News & Analysis
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
Trump’s Options After the Supreme Court Said His Tariffs Are Illegal
Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.
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.
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News & Analysis
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
The Supreme Court’s Tariff Ruling: What Fashion Needs to Know
A majority of justices struck down the ‘Liberation Day’ tariffs that sent shockwaves through the fashion industry, setting the stage for a rush of brands trying to recoup duties they’ve already paid.
News & Analysis
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
US Supreme Court Overturns Trump’s Emergency Tariffs
The ruling strikes down the so-called ‘Liberation Day’ tariffs that sent a shockwave through the fashion industry and sets the stage for a rush of brands trying to recoup duties they’ve already paid.
Global Markets
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Worldview | How China’s Tariff Cuts Benefit African Fashion
This week’s round-up of global markets fashion business news also features M&A in Vietnam, Australian jewellers and Turkish textile giants in Latin America.
Global Markets
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
Worldview | Dubai Fashion Week Turns to Asian Talent
This week’s round-up of global markets fashion business news also features Chinese apparel giant Icicle, India’s gemstones and US trade deals with Haiti, El Salvador and Guatemala.
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Global Markets
Ralph Lauren, Walmart Suppliers Among Winners in India-US Deal
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
Ralph Lauren, Walmart Suppliers Among Winners in India-US Deal
Footwear manufacturers and apparel exporters emerged as major winners in the joint framework for an interim trade deal between the US and India.
Luxury
Is the Storm Blowing Over for Watchmakers? Yes and No
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
Is the Storm Blowing Over for Watchmakers? Yes and No
It’s a case of winners and losers for Swiss watchmakers, as the strongest brands shoot ahead, widening the gap with their smaller rivals, writes Robin Swithinbank. Plus, Rolex’s LIV Golf tie-up and The Honourable Merchants Group’s pause.
Global Markets
Worldview | What India’s Trade Deals with US and EU Mean for Fashion
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
Worldview | What India’s Trade Deals with US and EU Mean for Fashion
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.
Global Markets
Trump, Modi Reach Trade Deal Slashing India Tariffs to 18%
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
Trump, Modi Reach Trade Deal Slashing India Tariffs to 18%
Trump is also removing the extra 25 percent duty on Indian goods he applied in response to India’s purchases of crude from Russia, Bloomberg reported.
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.