Neiman Marcus and Saks Fifth Avenue just started their second markdown today. Saks has cut prices up to 60% and tomorrow Neiman Marcus will offer an extra 25% off, which will bring the discount to 55% off.
What’s most interesting about Saks is that the store seems to have dug out old merchandise and added it to the sale selection. Over in the Prada handbag department, many bags are discounted 40% off, but we were quite surprised to see Prada Madras that was from the fall 2014 collection. (Wow!) The eighth floor shoe department was overflowing with shoe styles reduced an extra 25% (including Louboutin) but some of the styles were several seasons old. After the whole 2008 sale debacle, it’s understandable that Saks is sale-shy but serving customers old merchandise seems sneaky.
If you’re looking to sink your teeth into what’s current at Saks, you will find a small selection of Valentino bags reduced 30% and 40% off. A small assortment of Loewe bags and Lanvin bags are reduced 30% and then another 35%, which brings the total discount to about 50%. This Lanvin tote in lilac blue is just $700 from $1550. Y(ou can click here to see detailed pictures of bags and shoes. )
Upstairs, in 9021-shoe, or whatever, the racks are brimming with sale style shoes. Saks is the place to go if you’re looking for Fendi, Prada, Valentino, or Manolo. The available assortment is better than most any other local store. Again, be aware of old style shoes. You could start a fun game trying to name the season for some of the Aquazurra, Miu Miu and Giuseppe Zanotti. (Head this way to see lots of shoe and bag pictures.)
Over at Neiman Marcus the discounts are set to hit 60% on Tuesday. We expect that bags and shoes will be 50% off and designer clothing will be reduced to 60% off. There is still a good selection of bags and shoes. We suggest you add them to your cart now and wait for the sale to go live. We will follow up with details as the sale unfolds.