Macy's Finds Multi-Million Dollar False Accounting Entries

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Monday, November 25

Retail

Macy's Finds Multi-Million Dollar False Accounting Entries, Delays Third Quarter Earnings Report

An employee who was fired intentionally made erroneous accounting entries, hiding $132 million to $154 million of cumulative delivery expenses.

Designer and Luxury

Eliane Heilbronn, Matriarch of the Family That Owns Chanel, Dies at 99

The lawyer founded Chanel’s long-term private law firm and drafted the contract of Karl Lagerfeld in 1982.

Designer and Luxury

Bottega Veneta Welcomes VICs to New Manhattan Home

The Italian luxury brand has opened a new Residence on Madison Avenue, its second after its palazzo in Venice.

Fashion Show Reviews

'What Do We Need?' The Catens Asked (and Answered) in Dsquared2's Pre-Fall 2025 Collection

Dean and Dan Caten conjured a focused range of elevated wardrobe staples.

Fragrance

Unilever Invests 100 Million Euros to Develop AI-powered R&D Business for Fragrance

Unilever is scaling up its in-house fragrance design and creation capabilities, part of an AI-powered strategy to accelerate growth and increase productivity.

Beauty

Amazon's Black Friday Sale Includes Can't-Miss Deals on These Trending Beauty Gifts

Including editor-tested skin care, hair care, and makeup must-haves.

 

Culture News

Why Is It Called 'Black Friday'? The Surprising Theories, History and Rise to Popularity of Retail's Big Discount Day After Thanksgiving

Everything to know about the shopping event on the day after Thanksgiving, including its origins and best deals.

Fashion Scoops

Stuart Weitzman, Swarovski Release Crystal-encrusted Fantasy Pumps Fit for Cinderella

Available in five colorways, the limited-edition 2.95-inch heeled style is decked with more than 6,000 tonal Swarovski pavé crystals.

                                                           

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