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    Chanel Summer Sale

    Chanel is starting their sale Wednesday, June 2nd. Ready-to-wear, shoes, and accessories will be reduced 40%. We are told that presale orders will be accepted starting Sunday.

    Bags are not included in the markdown and you might want to consider shopping early because there isn’t a lot of inventory. Only the jewelry from cruise collection will be discounted. You remember, that blue and white stripe nautical collection?

    Contact: Betsy 212-535-5505

    Saks Presale Begins

    We recently recieved this email from a Saks sales associate:

    Saks Fifth Avenue is hosting one of our largest Designer Sales of the
    year! This is your private invitation before the event becomes public.

    30% off Designers like Louboutin, Prada, Manolo, Gucci, Jimmy Choo and more.

    40% Off Designer Clothing. Personally, there are only a few pieces left in sizes for both clothing and shoes which is why it is important you come in privately before the public.

    Handbags, have not been announced as of yet.

    This gives you the first chance to get the best deals on the best designers before the general public can get a fighting chance and can only be made by appointment.

    There you go… Shop early, shop often!

    Bergdorf Price Adjustments

    We have never thought of Bergdorf Goodman as a big softy when it comes to discount time. A reader writes that sales associates were offering the opportunity for a future price adjustment on current purchases.

    “Just bring in your receipt, and we’ll credit it,” a sales associate said. This all sounds very Bloomingdales. Maybe the economy isn’t as strong as retailers are projecting?!

    Jeffery’s Hush Hush Presale

    Jeffery New York has started their presale but don’t say you heard it here. Sales associates are playing this markdown like lobbyists for British Petroleum.

    “You really need to speak to your sales contact to find out details but I would come in today,” an associate said on the phone. The conversation continued to be diaphanous, “Once the sale officially begins the discount will be 30%. But I would come in today.”

    Ummmm. We get the hint but don’t understand the point of this type of communication, do you? Oh, and the discount on shoes often goes to 60% by Mid-July.

    Contact: Michelle 212-206-1272 (You want the sales person Michelle, not Jeffery’s assistant Michelle.)

    Prada’s 40% Markdown

    Prada’s presale begins today. We are told that ready-to-wear and shoes are 40% off. Unfortunately, those vintage floral dresses are not being reduced.

    Handbag details are contradictory. One sales person told us the perforated leather bags from the cruise collection are 40% off but another associate said only a select few black bags are included in the markdown list.

    The “private sale,” when you can actually pick up your presale merchandise, begins June 3 and the sale officially goes public June 4th.

    Contact: Ana 212-327-4200 (Madison)
    Kevin 212-334-8888 (SoHo)

    YSL Presale Begins

    Yves Saint Laruent has started their presale, or “Private Sale.” Discounts range from 30% to 50% off depending on the style and item. The markdown goes public June 1.

    If you’re looking for a steeper discount, the YSL outlet at Woodbury Commons is hosting a Memorial Day weekend sale where ready-to-wear will be an additional 40% off the outlet price and accessories will be an additional 15% off. You can shop by phone or in person on Friday.

    Contact: Charles 212-980-2970 (YSL, 57th Street)
    845-928-2169 (Woodburry)

    Introducing: Erin Jeen

    I am very excited to introduce our newest spy, Erin Jeen, who will be working with me on Madison Avenue Spy this Summer. Erin is a student at George Washington University, fashion blogger, stylist and Upper East Side native, of course.

    Erin became interested in fashion after interning at Catherine Malandrino and has been continually involved in many fashion PR internships. Her blog, ErinJeen.com is filled with great fashion and wonderful art. After college, she hopes to work in fashion PR and eventually become a celebrity stylist.

    Erin knows the trappings of a great deal and for the next few months she will be keeping her eyes on price tags for Madison Avenue Spy. Please give her a big Madison Avenue welcome, not a sneer.