# CaaStle

> CaaStle was a New York B2B apparel-rental technology and logistics company. Its white-label platform let retailers offer subscriptions under their own brands while CaaStle handled software, shipping, returns and garment care. Originating as Gwynnie Bee in 2011, it introduced the CaaStle platform in 2018, expanded to the UK in 2021 and filed for Chapter 7 liquidation in June 2025. Former CEO Christine Hunsicker pleaded guilty to securities fraud in March 2026 and received a five-year prison sentence in August 2026.

- **Founded:** 2011
- **Headquarters:** New York, United States
- **Founders:** Christine Hunsicker (Co-founder and former CEO), Jaswinder Pal Singh (Co-founder and chairman (historical))
- **Products:** Gwynnie Bee, Clothing as a Service (CaaS), BORROW, UK managed rental operations
- **Notable:** Built a managed rental platform used by established apparel retailers., Expanded its platform to the UK in 2021., Named among Fast Company’s 2020 Most Innovative Companies, as recorded in its 2021 launch announcement.

## Products & services

- **Gwynnie Bee** — Owned consumer subscription-rental brand, initially focused on plus-size women; commercial launch in 2012.
- **Clothing as a Service (CaaS)** — White-label managed rental platform covering storefronts, inventory systems, customer service, analytics, fulfillment, returns and garment care. Public platform launch in 2018.
- **BORROW** — Transactional rental integrated into brand ecommerce sites, with an initial rental period, extensions and a purchase option.
- **UK managed rental operations** — Rental technology with cleaning and fulfillment supplied through ACS Clothing in Glasgow.

## Achievements

- Built a managed rental platform used by established apparel retailers.
- Expanded its platform to the UK in 2021.
- Named among Fast Company’s 2020 Most Innovative Companies, as recorded in its 2021 launch announcement.

## Latest updates

- **2025-06** — Filed for Chapter 7 bankruptcy on June 20, 2025.
- **2026-03** — Hunsicker pleaded guilty to one count of securities fraud on March 4, 2026.
- **2026-08** — Hunsicker was sentenced to five years in prison on August 20, 2026, with forfeiture and restitution each set at $283,291,940.

## Links

- Website: http://www.caastle.com
- LinkedIn: https://www.linkedin.com/company/caastle
- Twitter/X: https://twitter.com/caastlecreators
- Facebook: https://facebook.com/CaaStleInc/

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Profile page: https://yespress.io/caastle
Published by YesPress — https://yespress.io
Last updated: 2026-10-01