It hasn’t even broken 90 degrees on the east coast this summer but stores are already starting to remove their spring/summer merchandise from their stores. Being that it’s coming to the end of the season we thought it would be a good idea to take an inventory of the sale environment.
Bottega Veneta: There is nothing left. Everything besides a few pair of shoes have been removed from the store. The only markdown was 50% and that sale started in early May.
“Get in here as soon as soon as possible,” an eager sales person told us. There’s still some merchandise left but it will be leaving June 19th. The discount has been 50% off since May.
In late May, we reported that the Louboutin boutique reduced their shoes to 40% off and were assured that they would not be reduced any further. We were sceptical with good reason. As of now, the current discount is 50% off. We are told there is still a good selections of sizes and styles including shoes that you can actually walk in.
Dolce & Gabbana:
The discount is still 50% and we are told, “We only go up to 50% for now on.” The boutique, however, just held a private sale off 70% off sale for friends and family. (The invite got lost in the inbox accidentally, sorry.) Give it a week or two and we expect to see that same discount offered to the public.
There is still a nice selection of ready-to-wear. Most of the cloths are 60% off but there are a few pieces like a white blazer, a dress and a basic pair of pants that have been reduced to 75% off. We think there will be another markdown before summer is officially over.