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.

Having DEI experience on a resumé can feel like a scarlet letter in an already difficult job market.

Having DEI experience on a resumé can feel like a scarlet letter in an already difficult job market.

As diversity, equity and inclusion commitments wane and access to capital grows more elusive, RaiseFashion convened a panel at NYFW — moderated by BoF’s Sheena Butler-Young — featuring leaders from Abercrombie & Fitch, Glossier, Ten To One Rum and Fluency to explore how emerging brands can secure strategic allies, move beyond restrictive labels and build sustainable pathways to growth.

As diversity, equity and inclusion commitments wane and access to capital grows more elusive, RaiseFashion convened a panel at NYFW — moderated by BoF’s Sheena Butler-Young — featuring leaders from Abercrombie & Fitch, Glossier, Ten To One Rum and Fluency to explore how emerging brands can secure strategic allies, move beyond restrictive labels and build sustainable pathways to growth.

Following the ICE raids and a week of protests, the city’s fashion employers continue to fret about what’s to come as the White House continues its deportation campaign.

Following the ICE raids and a week of protests, the city’s fashion employers continue to fret about what’s to come as the White House continues its deportation campaign.

As immigration raids in Los Angeles spur large-scale protests, the fashion industry has remained largely silent. The Debrief explores the reasons behind the muted response and the tangible actions brands can take to support vulnerable workers.

As immigration raids in Los Angeles spur large-scale protests, the fashion industry has remained largely silent. The Debrief explores the reasons behind the muted response and the tangible actions brands can take to support vulnerable workers.
ADVERTISEMENT

In 2020, fashion pledged solidarity and systemic change. Now, as political tides have turned, only a few brands are willing to speak up — or follow through.

In 2020, fashion pledged solidarity and systemic change. Now, as political tides have turned, only a few brands are willing to speak up — or follow through.

DEI workers are repositioning and rebranding to get contracts and retain remaining staff positions, distancing themselves from conversations around race and gender and instead prioritising their leadership expertise.

DEI workers are repositioning and rebranding to get contracts and retain remaining staff positions, distancing themselves from conversations around race and gender and instead prioritising their leadership expertise.

For all the body positive movement’s strides, ‘90s thinness has returned, in part due to weight-loss injections like Wegovy — and plus-size models’ careers are stalling.

For all the body positive movement’s strides, ‘90s thinness has returned, in part due to weight-loss injections like Wegovy — and plus-size models’ careers are stalling.

Sinking brand valuations, a shaky economy, and the rollback of DEI initiatives are pressuring women founders in fashion and beauty — but a new playbook is helping them navigate the storm.

Sinking brand valuations, a shaky economy, and the rollback of DEI initiatives are pressuring women founders in fashion and beauty — but a new playbook is helping them navigate the storm.
ADVERTISEMENT

Felita Harris, RaiseFashion’s executive director and co-founder, Rachel Scott, founder and creative director of Diotima, and Mercy Amankwe, senior director of brand marketing and partnerships at Standard International, joined BoF’s Shenel Wickramaratne at The Standard, East Village to discuss how to uphold inclusion, empower underrepresented talent and drive meaningful change amid industry-wide row backs on diversity, equity and inclusion commitments.

Felita Harris, RaiseFashion’s executive director and co-founder, Rachel Scott, founder and creative director of Diotima, and Mercy Amankwe, senior director of brand marketing and partnerships at Standard International, joined BoF’s Shenel Wickramaratne at The Standard, East Village to discuss how to uphold inclusion, empower underrepresented talent and drive meaningful change amid industry-wide row backs on diversity, equity and inclusion commitments.

Brands, retailers and their employees are negotiating a new approach to diversity, equity and inclusion initiatives for the Trump era — and that often means avoiding the term itself.

Brands, retailers and their employees are negotiating a new approach to diversity, equity and inclusion initiatives for the Trump era — and that often means avoiding the term itself.

This week, the US President took aim at climate action and diversity, equity and inclusion programmes, institutionalising a growing backlash against so-called ‘woke capitalism.’

This week, the US President took aim at climate action and diversity, equity and inclusion programmes, institutionalising a growing backlash against so-called ‘woke capitalism.’

An anti-DEI push by the new administration and a Gen-Z led move away from alcohol-centric social events are among the workplace shifts on tap for the year ahead.

An anti-DEI push by the new administration and a Gen-Z led move away from alcohol-centric social events are among the workplace shifts on tap for the year ahead.
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.