Fashion CEO Hunsicker Gets Five Years for $300 Million Fraud
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.

This week, Instagram borrows from Pinterest with a 'Save for Later' button and Shiseido creates an internal venture capital organisation to develop innovative beauty products and services.

This week, Instagram borrows from Pinterest with a 'Save for Later' button and Shiseido creates an internal venture capital organisation to develop innovative beauty products and services.

As fashion brands allocate more of their ad spend to social media, BoF examines which platforms are most efficient at delivering actual sales.

As fashion brands allocate more of their ad spend to social media, BoF examines which platforms are most efficient at delivering actual sales.

Will.i.am spoke with LVMH chief digital officer Ian Rogers about the intersection of music, fashion and technology.

Will.i.am spoke with LVMH chief digital officer Ian Rogers about the intersection of music, fashion and technology.

Southeast Asia’s largest e-commerce site is rolling out a series of initiatives in anticipation of the US giant’s entry next year.

Southeast Asia’s largest e-commerce site is rolling out a series of initiatives in anticipation of the US giant’s entry next year.

Taking the stage at VOICES, LVMH chief digital officer Ian Rogers discusses how the internet has changed the dissemination of culture and what fashion can learn from music's digital disruption.

Taking the stage at VOICES, LVMH chief digital officer Ian Rogers discusses how the internet has changed the dissemination of culture and what fashion can learn from music's digital disruption.

In an admittedly small survey of CrossFit classes, some 58 percent of participants were wearing sneakers made by Nike Inc.

In an admittedly small survey of CrossFit classes, some 58 percent of participants were wearing sneakers made by Nike Inc.

This week, the comeback of Chinese social media app Weibo has attracted luxury brands and why augmented reality is set to be bigger than virtual reality.

This week, the comeback of Chinese social media app Weibo has attracted luxury brands and why augmented reality is set to be bigger than virtual reality.

This week, voice control assistants like Amazon Echo gain traction, 3-D printing and fashion continue to collaborate and Rebecca Minkoff tests self-checkout services.

This week, voice control assistants like Amazon Echo gain traction, 3-D printing and fashion continue to collaborate and Rebecca Minkoff tests self-checkout services.

Will.i.am and LVMH chief digital officer Ian Rogers took the stage at VOICES to discuss how technology is transforming fashion and what the luxury business can learn from music’s digital disruption.

Will.i.am and LVMH chief digital officer Ian Rogers took the stage at VOICES to discuss how technology is transforming fashion and what the luxury business can learn from music’s digital disruption.

Booming e-commerce sales on Black Friday underscore the need for continued digital investment, but front-end upgrades are only the tip of the iceberg.

Booming e-commerce sales on Black Friday underscore the need for continued digital investment, but front-end upgrades are only the tip of the iceberg.

Enhancing the consumer experience through technology is key to driving long-term growth, Ambarish Kenghe, Myntra's head of product told Reuters on Thursday.

Enhancing the consumer experience through technology is key to driving long-term growth, Ambarish Kenghe, Myntra's head of product told Reuters on Thursday.

This week, subscription box Le Tote harnesses big data to curate clothes for customers, virtual fitting-rooms make shopping online easier and talking bots help us get more out of AI.

This week, subscription box Le Tote harnesses big data to curate clothes for customers, virtual fitting-rooms make shopping online easier and talking bots help us get more out of AI.
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Eurocommerce, whose members include H&M and Inditex, argued AI-generated ads should be exempt from a rule requiring disclosure of AI use.
The companies are collaborating with eyewear makers Warby Parker and Gentle Monster.
The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.
The tool generates product comparisons or suggestions and will appear by default starting this week for US-based users.