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.
retail / Fast Fashion
Retail
Shein’s Global Ambitions Survive French Store Uproar
Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.
Shein’s Global Ambitions Survive French Store Uproar
Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.
Retail
Billionaire Zara Heir Stakes Family Fortune on Going Upmarket
Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.
Billionaire Zara Heir Stakes Family Fortune on Going Upmarket
Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.
Retail
Shein’s First Physical Shop Adds to Department Stores’ Existential Pain
The ultra-fast fashion retailer’s shop in Paris’ BHV poses a new threat to the already struggling department-store model.
Shein’s First Physical Shop Adds to Department Stores’ Existential Pain
The ultra-fast fashion retailer’s shop in Paris’ BHV poses a new threat to the already struggling department-store model.
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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Retail
‘A Paroxysm of Disposability’: France’s Distaste for Shein’s Ultra-Fast Fashion
A Change.org petition to ban Shein in France has surpassed 270,000 signatures.
‘A Paroxysm of Disposability’: France’s Distaste for Shein’s Ultra-Fast Fashion
A Change.org petition to ban Shein in France has surpassed 270,000 signatures.
Retail
Zara’s Cut-Price Sister Brand Lefties to Rival Primark on UK High Street
Zara owner Inditex SA is planning to launch its ultra-low-cost chain Lefties in the UK in 2026, posing a significant competitive threat to Primark, the current market leader.
Zara’s Cut-Price Sister Brand Lefties to Rival Primark on UK High Street
Zara owner Inditex SA is planning to launch its ultra-low-cost chain Lefties in the UK in 2026, posing a significant competitive threat to Primark, the current market leader.
Retail
Shein Opens Its Supply Network to Fashion Brands to Boost Growth
Other fashion brands can now tap on the fast-fashion retailer’s supply chain, which includes factories that can turn around new designs in 5-7 days, as long as they open a store on its online marketplace.
Shein Opens Its Supply Network to Fashion Brands to Boost Growth
Other fashion brands can now tap on the fast-fashion retailer’s supply chain, which includes factories that can turn around new designs in 5-7 days, as long as they open a store on its online marketplace.
Retail
Fast Fashion’s Quick Decline: Asos and Boohoo Have That Post-Covid Feeling
New regulatory demands and the rise of the secondhand marketplace have hobbled fast fashion’s heavyweights.
Fast Fashion’s Quick Decline: Asos and Boohoo Have That Post-Covid Feeling
New regulatory demands and the rise of the secondhand marketplace have hobbled fast fashion’s heavyweights.
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Retail
China’s Temu and Shein Want to Crack Europe, But the US Is Too Big to Quit
Facing potential US tariffs, Chinese e-commerce platforms like Temu and Shein are increasing their focus on European markets, though merchants remain largely committed to the US due to its scale and lower regulatory hurdles.
China’s Temu and Shein Want to Crack Europe, But the US Is Too Big to Quit
Facing potential US tariffs, Chinese e-commerce platforms like Temu and Shein are increasing their focus on European markets, though merchants remain largely committed to the US due to its scale and lower regulatory hurdles.
Professional
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
Retail
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
The fast-fashion e-tailer is leasing its first warehouse in Vietnam, in hopes of reducing exposure to unpredictable US-China trade tensions.
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
The fast-fashion e-tailer is leasing its first warehouse in Vietnam, in hopes of reducing exposure to unpredictable US-China trade tensions.
Retail
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.
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.