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.
luxury / Apparel
Luxury
Exclusive: How Our Legacy Plans to Level Up as Sales Top $50 Million
The fast-growing Swedish label’s ‘consistency has merged with the zeitgeist,’ chief executive Richardos Klarén said, as LVMH fuels retail expansion.
Exclusive: How Our Legacy Plans to Level Up as Sales Top $50 Million
The fast-growing Swedish label’s ‘consistency has merged with the zeitgeist,’ chief executive Richardos Klarén said, as LVMH fuels retail expansion.
Luxury
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Opinion: The Epidemic of Nice Clothes
A deluge of inoffensive fashion is what happens when there is nothing left to copy, writes Eugene Rabkin.
Luxury
Paul Costelloe, Personal Designer to Princess Diana, Dies at 80
Costelloe’s family confirmed his passing in a statement on Saturday.
Paul Costelloe, Personal Designer to Princess Diana, Dies at 80
Costelloe’s family confirmed his passing in a statement on Saturday.
Luxury
How Rebecca Vallance Translated Bedazzled Femininity Across Borders
The Australian designer’s elaborate, feminine garments have won over customers across the world, from the Middle East to the United States. The designer credits her willingness to listen when retail partners and customers tell her what they want.
How Rebecca Vallance Translated Bedazzled Femininity Across Borders
The Australian designer’s elaborate, feminine garments have won over customers across the world, from the Middle East to the United States. The designer credits her willingness to listen when retail partners and customers tell her what they want.
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Luxury
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
Is China’s Luxury Market Ready to Rebound?
The short answer is yes — but it won’t soon return to its pre-pandemic growth rates. After two years of turbulence, the market remains shaky, and brands will need to earn every sale.
Luxury
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
Luxury
Social Media Created Dupe Culture. Can It Also Reverse the Damage?
Marcelo Gaia, the owner and creative director of New York-based brand Mirror Palais, frequently publishes candid, casual videos to call out fast-fashion imitations.
Social Media Created Dupe Culture. Can It Also Reverse the Damage?
Marcelo Gaia, the owner and creative director of New York-based brand Mirror Palais, frequently publishes candid, casual videos to call out fast-fashion imitations.
Luxury
Why Lace and Crochet Are Everywhere Right Now
Brands from Magda Butrym to Chloé are appealing to shoppers with delicate handwork that’s nostalgic and romantic, providing a contrast to fast fashion and the minimalism of quiet luxury.
Why Lace and Crochet Are Everywhere Right Now
Brands from Magda Butrym to Chloé are appealing to shoppers with delicate handwork that’s nostalgic and romantic, providing a contrast to fast fashion and the minimalism of quiet luxury.
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Luxury
Sies Marjan Designer Sander Lak to Launch Menswear Label
Lak will debut his new venture during Paris men’s fashion week in June, presenting his first collection since the shuttering of the buzzy Sies Marjan in 2020.
Sies Marjan Designer Sander Lak to Launch Menswear Label
Lak will debut his new venture during Paris men’s fashion week in June, presenting his first collection since the shuttering of the buzzy Sies Marjan in 2020.
Luxury
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Inside The Great Luxury Reset | The BoF Podcast
Imran Amed, founder and CEO of The Business of Fashion, and Luca Solca, managing director of luxury goods at Bernestein, speak to System Magazine’s Jonathan Wingfield about how luxury fashion is navigating economic headwinds, shifting consumer values and the urgent need for creative renewal.
Luxury
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
Luxury
Chanel Pulls Back on Price Hikes as Sales Fall 4%
The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
Chanel Pulls Back on Price Hikes as Sales Fall 4%
The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
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.