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    Saks Presale Begins

    For the first time in many seasons, consumer confidence is returning to the department store. Investors and analysts unanimously agree that Christmas 2010 will be the end of declining luxury sales. Unfortunately, consumer optimism translates into a more cautious discount season.

    Saks Fifth Avenue still seems to be settling their Black Friday shopping incentives. For now, you can shop the eighth floor, designer shoe presale, where the markdown will officially be 30% Friday morning. In the contemporary department, fourth floor, items that are already discounted 40%, will be an additional 50% off until noon Friday. (There’s really not a big selection but the markdown is substantial.)

    Third floor, designer clothing is still a mystery. We imagine that there will be 30% markdowns on some designers, like Oscar and St. John and maybe Dolce. We hear that many more collections will be added to the discount list starting December 7.

    So the plan is to be patient and wait. Good deals exist even in the best of times. Everyone would agree Winter 2010 might be an improvement but it’s still not 1997.

    Contact: Fifth Avenue Club (Eric) 212-753-4000

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    December Opening of Dior 57th Street

    We have received conformation that the remodeled Dior boutique will be opening on 57th Street on December 9. At that time, the Madison Avenue store will close.

    In light of the big move, Dior sales associates are unsure of this season’s sale schedule. We are told, all the merchandise from Madison Avenue will move to 57th street but can’t imagine the boutique moving an old collection. Some sales people say the markdown period will be truncated and start on December 1. Other Dior employees speculate, there will be no boutque sale and the winter merchandise will be swiftly shipped to outlets.

    Needless to say, we will be following the fate of Dior’s winter 2010 merchandise and the new boutique opening. I think it’s fair to say that we will all miss the Lady Dior scaffolding… and the Madison Avenue boutique.

    Contact: Jenny 212-249-5822

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    Gucci Sale @DSW Union Sq

    Last week we uncovered a fabulous $99 Gucci sale on DSW.com. This weekend, we sent spies to Union Square to survey the physical merchandise.

    Our spies report that the store is packed with designer shoes and replenishments are occurring frequently. “It’s amazing! People are buying tons of this Gucci stuff and they keep coming out with more,” observed our Gucci obsessed shopper.

    We are told that the sale will continue until the merchandise runs out. We suggest you don’t wait too long. The steady supply of Gucci can’t last forever.

    DSW Union Square
    40 East 14th Street
    212-674-2146
    Holiday Hours 11/21 thru 11/27:
    Sun. 10am-8pm, Mon.-Wed. 10am-9:30pm,
    Closed Thanksgiving, Fri 8am-9:30pm, Sat 10am-9:30pm

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    Sigerson Morrison Pre-Thanksgiving Sale

    Sigerson Morrison Lab/Boutique is hosting a pre-Thanksgiving sale. Select merchandise has been reduced to 40% off. Red suede booties are $297 from $495 and polka dot flats are $270 from $450.

    The sale list is expected to expand as the holidays approach and styles are deemed discontinued. Check back often, in the case that there’s an item that has your heart.

    Sigerson Morrison Lab/Boutique
    19 East 71st Street
    212-734-2100

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    Montblanc Friends & Family Sale

    Montblanc’s “private” friends and family sale is always a great place to pick up stately gifts without spending a mint. This sale is usually a reader favorite. You can always count on legitimately good deals, like $600 fountain pens selling for $150 or $1,000 leather bags marked down to $250.

    The sale is only two days and starts Monday. There aren’t usually any lines, the sale is well organized and the staff is helpful. See, that’s a sale we can dig.

    Montblanc Friends & Family
    Mon., Nov 22 and Tues., Nov23
    Monday 8:30 am to 5:30pm, Tuesday 8:30 to 4:30pm
    Roosevelt Hotel
    45 East 45th Street (45th and Madison) @ Vanderbilt Suite

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    Gucci Presale

    The Gucci presale is scheduled to begin Friday, November 19. We hear that most bag styles will be discounted by 30%. Shoes and ready-to-wear will be 40% off.

    We will post the online private sale link as soon as it’s received. Items ordered during the presale will ship when the sale officially begins, on November 30th. Last year, a second markdown occurred just two weeks later and the discount went to 50% to 60% off shoes and clothing.

    Update: Here is the Gucci.com presale link.


    Contact: Nora 212-717-2619

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    Gucci Shoes $99 on DSW.com

    Don’t you love finding a now hassle great deal? Well, we’ve got a great one for you! DSW.com is having a sale on Gucci shoes that could turn Terry Gross into a fan waving fashionista.

    The site has discounted most of their Gucci footwear inventory, including men’s loafers to just $99.95. Nude round-toe pumps were $475, a classic men’s moccasin was $595 and a low heel woman’s slide was $395. All the above are now under $100. We aren’t sure how appealing those Gucci logo hobos are but they are also priced very attarctivly at $199.

    While you’re on the site, take a look at the Sergio Rossi selection. They may not have the Gucci logo but we think they are even more stylish.

    There also seem to be several online coupons available. A bit of online searching might be able to turn up an additional 30% off. Just be forewarned: The site keeps crashing. Use the link posted above for the best search results.

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    Thakoon Sample Sale

    Today we received late word about a Thakoon sample sale, which has been going on for the past few days. Friday is the last day of the sale and attendendies’ reviews are mixed.

    Mizhattan writes that boots were $290 and sandals were $190 but sizes were limited to 39s and 40s. Most of the clothing selection is summer inventory and prices but there seems to be a good selection of coats too. Prices range from a $75 summer dress to a $525 mirrored coat.

    We always find Thakoon to be inspiring, even when we don’t find the perfect piece. Don’t be surprised if prices to dip even lower as the final hours of the sale tick away. Few things are better than an 11th hours sale.

    Thakoon Sample Sale
    Friday, November 19th
    8:30am to 6:30pm
    270 Lafayette, suite 1005
    Cash and Checks Only

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