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 / Leather Goods
Luxury
Opinion: A Birkin Looks Better on Your Arm Than in a Hedge Fund
With the boom of the secondhand-luxury-goods market, an actual fund that attempts to make money off the secondary luxury handbag market is the next logical step, writes Allison Schrager.
Opinion: A Birkin Looks Better on Your Arm Than in a Hedge Fund
With the boom of the secondhand-luxury-goods market, an actual fund that attempts to make money off the secondary luxury handbag market is the next logical step, writes Allison Schrager.
Luxury
How Beat-Up Bags Became a Luxury Status Symbol
Bumps and scratches on a Birkin bag or Cartier watch are no longer repellent for a rising group of fashion consumers — they actually make the item more desirable.
How Beat-Up Bags Became a Luxury Status Symbol
Bumps and scratches on a Birkin bag or Cartier watch are no longer repellent for a rising group of fashion consumers — they actually make the item more desirable.
Luxury
Why Chinese Shoppers Are Choosing Local Luxury Over LVMH
Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.
Why Chinese Shoppers Are Choosing Local Luxury Over LVMH
Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.
Luxury
Hermès Sees ‘Very Slight’ China Improvement as Q3 Sales Rise 9.6%
Sales of leather goods, including the brand’s classic Birkin and Kelly handbags, were up 13.3 percent.
Hermès Sees ‘Very Slight’ China Improvement as Q3 Sales Rise 9.6%
Sales of leather goods, including the brand’s classic Birkin and Kelly handbags, were up 13.3 percent.
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Luxury
The Winners of the Phoebe Philo Bag Revival
Handbags Philo designed during her tenures at Chloé and Celine have recently been revived at both luxury houses, to the benefit of the brands and resellers, but not necessarily Philo herself.
The Winners of the Phoebe Philo Bag Revival
Handbags Philo designed during her tenures at Chloé and Celine have recently been revived at both luxury houses, to the benefit of the brands and resellers, but not necessarily Philo herself.
Luxury
Why Jewellery Feels Like a Better Deal Than a Handbag
Jewellery brands have raised prices less than fashion labels, and now benefit from a stronger sense of lasting value.
Why Jewellery Feels Like a Better Deal Than a Handbag
Jewellery brands have raised prices less than fashion labels, and now benefit from a stronger sense of lasting value.
Luxury
The Power of a Luxury Handbag | The Debrief
Luxury handbags are not only fashion statements – they can be vital to a brand’s identity, bottom line, and ongoing appeal to aspirational consumers. Senior correspondent Sheena Butler-Young and luxury correspondent Simone Stern-Carbone discuss the power of an iconic handbag.
The Power of a Luxury Handbag | The Debrief
Luxury handbags are not only fashion statements – they can be vital to a brand’s identity, bottom line, and ongoing appeal to aspirational consumers. Senior correspondent Sheena Butler-Young and luxury correspondent Simone Stern-Carbone discuss the power of an iconic handbag.
Luxury
Hermès Hikes Prices to Cover US Tariff Risk
Sales growth slowed in the first quarter, missing analyst expectations, but continued to outpace the broader luxury sector.
Hermès Hikes Prices to Cover US Tariff Risk
Sales growth slowed in the first quarter, missing analyst expectations, but continued to outpace the broader luxury sector.
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Retail
Why Are There So Many Luggage Brands?
Tourists have their pick of suitcases at every price point, thanks to low barriers to entry and a travel boom that’s inflated the category’s sales year after year. But amid signs demand has peaked, it’ll take more than a Shopify storefront and slick branding to succeed.
Why Are There So Many Luggage Brands?
Tourists have their pick of suitcases at every price point, thanks to low barriers to entry and a travel boom that’s inflated the category’s sales year after year. But amid signs demand has peaked, it’ll take more than a Shopify storefront and slick branding to succeed.
Luxury
Proenza Schouler Founders to Design LVMH’s Loewe
American designers Jack McCollough and Lazaro Hernandez will take the creative reins of the Spanish brand, which grew estimated annual revenues to more than $1.5 billion during Jonathan Anderson’s transformative tenure.
Proenza Schouler Founders to Design LVMH’s Loewe
American designers Jack McCollough and Lazaro Hernandez will take the creative reins of the Spanish brand, which grew estimated annual revenues to more than $1.5 billion during Jonathan Anderson’s transformative tenure.
Luxury
In a Market of Copycats, Handbag Innovators Stand Out
From Alaïa’s Teckel to Lemaire’s Croissant and Prada’s Buckle bag, signature bag shapes can power growth and crystallise brand identity for luxury houses.
In a Market of Copycats, Handbag Innovators Stand Out
From Alaïa’s Teckel to Lemaire’s Croissant and Prada’s Buckle bag, signature bag shapes can power growth and crystallise brand identity for luxury houses.
Partner Content
How Luggage Brand Monos Is Capturing Consumer Attention and Trust
As premium luggage brand Monos looks to expand its retail footprint in the US while cementing itself as a key player in the luggage space with a campaign featuring Academy Award winner Adrien Brody, BoF sits down with Monos co-founder and CEO Victor Tam to learn how the brand is communicating value to its customers.
How Luggage Brand Monos Is Capturing Consumer Attention and Trust
As premium luggage brand Monos looks to expand its retail footprint in the US while cementing itself as a key player in the luggage space with a campaign featuring Academy Award winner Adrien Brody, BoF sits down with Monos co-founder and CEO Victor Tam to learn how the brand is communicating value to its customers.
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.