The retail sector will likely feel the ramifications from COVID for several years. European boutiques, in particular, seem to be the hardest hit. Fall shipments are already arriving while Summer merchandise hangs from neglected racks. The combination of lost tourism revenue and a global recession further compounds the magnitude of European inventory overruns.
As news of Covid emerged from the Far East and Europe, many of the largest US retailers quickly canceled orders for Summer. Despite the appearance of deep discounts, American shoppers will soon begin to notice that local department stores don’t have much inventory. Many stores aren’t accepting shipments until October/November.
Those looking for the most attractive pricing for luxury items should set their sites on European retailers. Coltori is has a small collection of Italian boutiques on the West Coast and is offering 25% off sitewide with the code MOON25 or 15% off products indicated with a star with the code XTRAMOON15.
Check out the Fall 2020 Bottega Veneta. This pearlized aqua pouch comes to $1700 from $2700 US retail, a classic woven clutch with a chain is $675 from about $1550 US retail, and shoes with an ankle coil strap are $916 from $1220 US retail.
The site also has lots of new season Fendi, including a few items from the new Joshua Vides California Sky capsule. Here is the monogram canvas tote for $1200 from $2190 US and Zuca logo sandals are $555 from $750 US retail.
Other new season items worth noting include this Balmain tee that’s $180 from $395 US, a Saint Laurant canvas tote for $833 from $1150, and Golden Goose sneakers are $314 from $550-ish. We haven’t even tackled the sale section that’s an additional 25% off. This Dolce & Gabbana floral print shirt is $345 from $670, a Balmain hoodie is $270 from $540, and a Mark Cross bag is $990 from $2200 US retail.
Take note that Coltori does not cover duties. Items priced over $800 might be subject to a tax of about 10%.
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