Markdowns at Gucci, Bottega and More

May 21, 2009 by Hayley Corwick

Many stores along the Avenue have already started steep discounts ranging from 40% to 50% off. Those who haven’t are lowering prices this week. Here’s the scoop:

Bottega Veneta:
We got an excited phone call filling us in about the sale that starts Friday. Presale is underway. Sounds like everything is 50% off. Yes, that includes bags. This type of markdown is unheard of for the Fifth Avenue boutique. Too bad their color-way was a big bore this season.
Tatiana 212-371-5511

Gucci:
The double G semi-annual sale starts June 1st. Presale officially starts Friday but go ahead and make your selections now if you haven’t done so already. The discount ranges from 30% to 50% off.
Nora 212-717-2619

Frette:
The fine linens company has reduced prices 50% at their Madison Avenue boutique. Spring bedding and accessories are all half-off. What’s interesting is that Frette’s website is hosting an outlet sale until June 8th where items are 60% off. A classic robe was $275 and is now $110, a $2000 velvet throw is now $800 and a classic white duvet was $350 and is now $140.
212-988-5221

Krizia:
The boutique is just two blocks up from their old location but somehow it still doesn’t feel the same. The store itself is in a major need of a face lift but lets get back to the sale. Presale starts Friday for a 40% discount, not that anything looks very appealing.
212-879-1211

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