Luxury retail stores are feeling the pressure to make room for the new cruise collections. In doing so, extra discounts promotions are being used to entice shoppers to ‘buy more stuff.’ Right now, Barneys is offering an extra 20% off already reduced coats, shoes and bags.
Over this way, we found a Mr. & Mrs. Italy fur parka that comes to $3700 after the additional discount (originally $9260) and a Masscob cropped peacoat comes to $239 from $600. Among the bags, there is a red Lanvin Jiji shoulder bag that’s $950 from nearly $2000 and an Altuzarra white hobo (perfect for vacation or Summer) is marked down to $927 from $2900.
The shoe selection has a lot more options. Maison Margiela metal heel low boots are $471 from $1480 and Manolo BB pumps are about $220 from $700. The assortment in the store is even larger and the extra discount also applies to Chanel and Louboutin. There was even an ugly Chanel shoe siting where the final price was 80% off retail.
We don’t know how long the markdown will last but we can’t imagine it will be for very long. Barneys usually ships out its winter Merchandise before February.