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Macy’s Reveals A Former Employee Hid Expenses Totaling Up To $154 Million
Talk about a cash grab! Macy’s has shared that its third-quarter earnings report was delayed after finding a former employee had amassed between $132 million and $154 million in expenses, according to CBS News. The unnamed worker, who oversaw package delivery expenses, hid the accounting entries from late 2021 until Macy’s most recent financial period. Currently, the retailer is conducting an independent investigation on the matter, which overlaps with its preliminary third-quarter reports—which found net sales dropping by 2.4%. However, it expects to share full third-quarter results by December 11, following this week’s annual Macy’s Thanksgiving Day Parade.
Macy’s Day Parade (Shutterstock)
Kate Moss Is Launching A Party-Ready Fashion Collection With Zara!
Kate Moss is bringing her magic touch to Zara. Launching on November 30, the supermodel’s first collection for the fast fashion retailer features day-to-night pieces ideal for party season. Ranging from dresses to coats, the line is inspired by Moss’ own fashion archives and ’70s rock n’ roll, with Studio 54, Lauren Hutton, Charlotte Rampling, and Led Zeppelin on the moodboard. Each piece includes a range of special details, from laser-cut patterns and Art Deco-like crystals to vintage floral and leopard prints, glossy leather, allover sequins, and more. Plus, there’s plenty of sleek metallic heels and accessories to complement your next holiday party look! Keep an eye out for the full collection, priced from $36 to $999, at Zara stores and Zara.com this weekend—and if you need a dose of inspiration, just look to Moss herself! The model is front and center in a sleek new campaign for the collection, shot by longtime collaborators Mert Alas & Marcus Piggott.
All images: Mert Alas & Marcus Piggott
Natasha Lyonne Picks Up Linda Fargo, Wes Gordon, & More For Bergdorf Goodman!
All is merry and bright! To ring in the holidays, Natasha Lyonne’s driving Bergdorf Goodman‘s chic lavender taxi around the Big Apple. For the retailer’s new “Toast of the Town” campaign, the actress picks up star guests while jetting around NYC. Keep an eye out for fashionable cameos by Linda Fargo, Wes Gordon, Willy Chavarria, Christopher John Rogers, Lua Beaulieu, Dara Allen, and Young Emperors in the stylish clip on YouTube! Now, we just have to ask—where can we hail our own BG cab?
Prince Harry & Meghan Markle’s Polo Documentary Is Racing To Netflix!
Lace up your riding boots! Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, are releasing a new Netflix docuseries on December 10th. Titled Polo, the five-episode series will highlight the stories of star polo players—including the iconic father-son-duo Adolfo and Poroto Cambiaso—and a behind-the-scenes look at the 2024 U.S. Polo Championship in Wellington, Florida. You can watch the full trailer, below.
Additional reporting by Madison Coombs.
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