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.

EBay Inc., struggling to turn itself around and catch up with dominant Amazon.com Inc., has invented a new day: Mobile Wednesday.

EBay Inc., struggling to turn itself around and catch up with dominant Amazon.com Inc., has invented a new day: Mobile Wednesday.

This week, Instagram launches live video and vanishing chat images, and how predictive AI will change the way we shop.

This week, Instagram launches live video and vanishing chat images, and how predictive AI will change the way we shop.

The European Union's planned rules to reduce fraud by forcing the use of passwords or codes to authenticate electronic payments may not increase security, Visa said.

The European Union's planned rules to reduce fraud by forcing the use of passwords or codes to authenticate electronic payments may not increase security, Visa said.

Flipkart chief executive Binny Bansal said fashion will remain Flipkart's best selling category for the next few years, but he sees online groceries as having the potential to grow as big as fashion.

Flipkart chief executive Binny Bansal said fashion will remain Flipkart's best selling category for the next few years, but he sees online groceries as having the potential to grow as big as fashion.

This week, a report reveals the importance of speedy delivery services to holiday shoppers and a $1 billion e-commerce venture from Saudi Arabia PIF and Alabbar targets the Middle East's growing online retail market.

This week, a report reveals the importance of speedy delivery services to holiday shoppers and a $1 billion e-commerce venture from Saudi Arabia PIF and Alabbar targets the Middle East's growing online retail market.

This week, fake retail apps surge in the run up to the holidays and how to make use of mobile retail, as it overtakes desktop for the first time.

This week, fake retail apps surge in the run up to the holidays and how to make use of mobile retail, as it overtakes desktop for the first time.

Fitbit Inc. lost almost a third of its market value in late trading.

Fitbit Inc. lost almost a third of its market value in late trading.

Karlie Kloss and David Lauren sat down with BoF’s Imran Amed at the Fast Company Innovation Festival to discuss how innovation can work for both a global brand and passion-driven start-ups.

Karlie Kloss and David Lauren sat down with BoF’s Imran Amed at the Fast Company Innovation Festival to discuss how innovation can work for both a global brand and passion-driven start-ups.

This week, Condé Nast launches digital-first Vogue Arabia, and a lab in South Korea creates a search engine for fashion items.

This week, Condé Nast launches digital-first Vogue Arabia, and a lab in South Korea creates a search engine for fashion items.

Sales in the current quarter will be $42 billion to $45.5 billion, the Seattle-based company said in a statement.

Sales in the current quarter will be $42 billion to $45.5 billion, the Seattle-based company said in a statement.

Since the two companies joined last year, chief executive officer Federico Marchetti has invested in new technology.

Since the two companies joined last year, chief executive officer Federico Marchetti has invested in new technology.

It’s been just over a month since the launch of Condé Nast’s new e-commerce venture. Is it working? BoF’s Vikram Alexei Kansara sits down with Franck Zayan, president of Style.com, to investigate.

It’s been just over a month since the launch of Condé Nast’s new e-commerce venture. Is it working? BoF’s Vikram Alexei Kansara sits down with Franck Zayan, president of Style.com, to investigate.
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.