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    Temperley London 60% Off

    Temperley London is hosting a summer clearance sale where select items are reduced up to 60% off. An $1825 jacket is now $730, a white flouncy dress was $1185 and is now $474 and a leopard tunic was $755 and is now $302.

    The sale is taking place at the SoHo boutique and East Hampton pop-up shop. We are told the markdown will last until July 20th but we imagine that after that time the merchandise will either be removed from the store or further discounted. We imagine the latter to be true.

    New York – 453 Broome Street, 2nd Floor 212-219-2929
    East Hampton – 53 The Circle 631-329-6505

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    Lila Dishes for The New York Times

    Lila speaks to The New York Times about how many consumers are slashing their jewelry expenditures and opting for less extravagance and more sentiment.


    In this economy, many consumers would rather keep their money in their wallets than on their fingers, necks or ears. As people re-examine their budgets, jewelry is turning out to be one of the easiest places to cut back — or trade down.

    “The half-carat is the new three-carat,” explains Lila Delilah of Madison Avenue Spy, a blog about designer sales.

    Yet the understandable penny-pinching by consumers is putting a painful squeeze on the jewelry industry.

    Click here to read Stephanie Rosenbloom’s full article, Not Too Precious for a Recession.

    Have you cut back on your jewelry spending? Let us know how in the comment section below.

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    Paul Smith 30%

    Men’s sales always start later in the season than women’s markdowns. Paul Smith is currently reducing his spring/summer collection 30%. A suit from his Mainline collection was $3,155 and is now $2209, a Mainline waffle check shirt was $485 and is now $340, a London collection double cuff shirt was $255 and is now $179.

    Before you fall for that London dandy look, remember that Paul Smith’s clothing goes to 75% off at the end of the season. In men’s time– that’s about September.

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    Best & Co. Files Chapter 7

    The 130-year-old children’s clothing company, Best & Co., ceased operations and filed for bankruptcy earlier this week. The retailer, which sold very high end children’s clothing and accessories had a flagship location in Greenwich, Conn., and a small boutique within Bergdorf Goodman.

    The store in Greenwich has already closed and a spokesperson for Bergdorf Goodman said, “Since the company has filed Chapter 7, Best & Co. at Bergdorf Goodman will close. The details have not been finalized at this point.”

    Best & Co. was originally founded in 1879 as a department store. In 1997, Susie Hilfiger –former wife of Tommy Hilfiger–relaunched the brand. The company was sold to FAO Schwartz in 2007. FAO was most recently purchased by Toys ‘R’ Us and we are confident that Jefferey the Giraffe and the the snooty clothing brand had little in common. With this current retail climate we imagine that not many retailers will be interested in taking the risk of a children’s boutique –even if inside Bergdof. Well, maybe Spring Flowers would be a good fit?!

    Bergdorf is listed as one of the retailer’s many creditors and we imagine that the department store will operate the boutique for the remainder of the season and liquidate the inventory. Be on the lookout for some major discounts on the seventh floor!

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    Ralph Lauren Reductions

    A Mad-Spy reader writes that Ralph Lauren has taken all spring/summer merchandise to an average of 65% off, with many items up to 75% off, both women’s and men’s and all labels. These steep discounts are limited to their retail locations as Ralph Lauren merchandises much differently online.

    Web shoppers are only offered a max of 50% to 60% off. We suggest shopping online and then calling a local store to get the most savings out of your shopping.

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    Giuseppi Zanotti 50% Off

    Here’s a copy of the email we got from George at Giuseppi:

    SALE

    Giuseppe Zanotti Design Boutique

    50% *off Original Price

    Spring/Summer 2009

    We are currently Pre selling to our customer data base, so please come in and reserve your size asap!

    *no adjustments to prior purchases, all sale items are final sale!

    We look forward to your visit,

    GeorgeNelken

    Giuseppe Zanotti

    806 Madison AVE/68th ST

    NYC

    212 650 0455

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    Ted Baker 60% Off, Plus 10% Off

    Ted Baker boys (and girls) have a lot of savings to be happy about. The London-based designer is cutting up to 60% off spring/ summer merchandise and the flier below earns you an additional 10% off until July 13th.

    Ladies don’t feel too left out, Ted Baker may not be known for his women’s wear but he does have several great pieces. In particular, take notice of the great tailoring and eye-catching prints.

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    eLuxury’s Biggest Losers

    This weekend, eLuxury closed up shop and transformed itself into — we still can’t figure it out. Before the store went offline, however, there were tremendous sales. As with any sale there were a few unwanted items even at 70% off. We’ll call them the biggest losers:

    Ready-to-wear: there were 19 items left orphaned three of which were Dolce & Gabbana.

    Shoes: Despite winning the CFDA’s award for accessory designer of the year Proenza Schouler had three out of five styles left.

    Men’s: Opening Ceremony and Acne Jeans tie with two items each out of eight units in the category. Maybe because it was a combination of ugly shoes and dressy slacks-shorts.

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