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.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

ZURICH, Switzerland — Swatch Group AG Chief Executive Officer Nick Hayek doesn't mind losing the lead in smartwatches. For now, he's happy to wait

ZURICH, Switzerland — Swatch Group AG Chief Executive Officer Nick Hayek doesn't mind losing the lead in smartwatches. For now, he's happy to wait

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

SAN FRANCISCO, United States — Google Inc. is partnering with Luxottica Group SpA, which owns eyewear brands Ray-Ban and Oakley, to help the Web

SAN FRANCISCO, United States — Google Inc. is partnering with Luxottica Group SpA, which owns eyewear brands Ray-Ban and Oakley, to help the Web
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SAN FRANCISCO, United States — Google Inc said on Tuesday that smartwatches based on its Android mobile software will be available later this year,

SAN FRANCISCO, United States — Google Inc said on Tuesday that smartwatches based on its Android mobile software will be available later this year,

"Four key problems prevent wearables from reaching a mass market - but they still have some important applications."

"Four key problems prevent wearables from reaching a mass market - but they still have some important applications."

"We’re at the dawn of a new industry loosely called "wearable technology" that may have reached $4.6 billion in sales around the world already this

"We’re at the dawn of a new industry loosely called "wearable technology" that may have reached $4.6 billion in sales around the world already this

Amidst a wearable technology market that's set to explode, Apple has announced that former Yves Saint Laurent CEO Paul Deneve has joined the company to work on "special projects," reporting directly to chief executive Tim Cook.

Amidst a wearable technology market that's set to explode, Apple has announced that former Yves Saint Laurent CEO Paul Deneve has joined the company to work on "special projects," reporting directly to chief executive Tim Cook.
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Credit Suisse has issued a report on the rise of the wearable technology market, which, it says, has hit "an inflection point" and will have "a significant and pervasive impact on the economy," reaching $30-$50 billion over the next 3-5 years.

Credit Suisse has issued a report on the rise of the wearable technology market, which, it says, has hit "an inflection point" and will have "a significant and pervasive impact on the economy," reaching $30-$50 billion over the next 3-5 years.
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.