Retail sales have had a difficult year, except for a very select group of fashion brands that are white hot. Gucci happens to be one of these exceptions, as Alessandro Michele has turned the nearly extinct Italian brand into a fashion stallion.
For the past couple of years, Gucci had just one markdown at various times surrounding Memorial Day. Last year, was practically a fire sale as the company divested itself of merchandise from previous resident designers. This sale season is going to be much, much different.
Inside sources tell us that Gucci boutiques, and the spaces Gucci leases within department stores, will host a four day sale. The private sale will begin on Wednesday, May 18. Clothing from this past season’s collection will be reduced 30%, while seasonal style shoes and handbags will be reduced 40%.
Manhattan-bound Gucci shoppers can shop the discounts at the brand’s three boutiques– Trump Towers, Madison Avenue and Brookfield Place. Department store leased spaces include the Gucci ready-to-wear and handbag department at Saks Fifth Avenue (not shoes) and the Gucci handbag department at Bloomingdales.
We are told that these four days will be the only discount opportunity offered by Gucci. After Saturday, the merchandise will be returned to full price and shipped out of stores when the season ends. The sale schedule on non-leased Gucci merchandise– Bergdorf Goodman, Saks shoe salon and Barneys– are up to the individual stores.
We suggest that Gucci fans quickly contact with a reliable sales person to assist in securing your desired items. There will also be an online sale but we aren’t sure of the dates. Stay tuned for updates.