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    F.P. Journe Moves to Madison

    With Madison Avenue rents on the decline, vacant shops are attracting a new flock of tenants.

    Swiss watchmaker, F.P. Journe is taking over the 800-sq-ft former Graff jewelry store at 721 Madison Ave. between 63rd and 64th streets. While the company has stores in cities like Tokyo, Hong Kong and Geneva, they didn’t open their fist US store until December 2009 in Boca Raton, Fla. The Madison Avenue location will be the company’s first in New York.

    Many real estate experts see F.P. Journe’s decision to open the Manhattan flagship as a direct correlation to falling rents. Experts say rents are down about 25% from their highs about 18-months ago when real-estate owners were asking $1000 to $1500 a ft. Asking prices today hover around $700 to $1,200 a foot.

    If J.P. Journe is any indication, we will be seeing a lot less banks on Madison and a lot more independent companies.

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    Giuseppe Zanotti 30% Off

    From Paige Turner’s inbox:

    From: @hotmail.com
    To: @gzanottiusa.com
    Sent: 5/5/2009 1:21:32 P.M. Eastern Daylight Time
    Subj: (no subject)

    SALE

    Giuseppe Zanotti Design Boutique
    30%* off Original Price
    Spring/Summer 2009
    Starts May 15th, 2009 on selected items!

    We are currently preselling 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.

    George Nelken
    Giuseppe Zanotti Boutique
    806 Madison AVE/68th ST
    212 650 0455 main
    212 650 0469 fax

    3 Comments on Giuseppe Zanotti 303 Off

    L’Oreal Friends and Family

    L’Oreal is hosting their bi-annual friends and family sale. Makeup, skincare and fragrances are all discounted from 50% to 90% off. Lancome, shu uemura, Kiehl’s, Giorgio Armani, YSL, Stella McCartney and Ralph Lauren are just some of the brands included in the sale.

    We suggest you print out the invite. It usually isn’t required but we wouldn’t want you to make a wasted trip. Sale details below:
    
    What: L’Oreal Luxury Products Division Friends and Family Sale
    When: Now until Sunday, May 10th, 9AM-8PM
    Where: Metropolitan Pavilion, 125 W 18th St (between 6th and 7th)

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    Saks Private Night 40% Off

    The Saks mayhem all started this winter with Private Night. (Don’t know what we’re talking about click here to get the details.) They started with a 30% discount but then upped it to 40% and then history was made with 70% off sales.

    Well, Private Night is upon us again and runs for two days, Thursday, May 7th and Friday, May 8th. We expect the discount to be 40% off but everone from the corporate offices to the sales floor seems unsure on how this whole sales thing is going to take its course.

    We hear that the top brass is waiting for Bergdorfs are Barneys to break first. Bergdorfs has a will of steal when it comes to sale season so it’s going to have to be Barneys. The only question that remains is if the Private Night discount will turn into a full blown markdown or and at sundown Friday. We imagine that the 40% off will stick around for a while but don’t expect any 70% off savings until at least mid-June.

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    Barry Kieselstein-Cord Sample Sale

    When Cece Cord broke away from Barry Kieselstein his brand seemed took a bit of a beating. That being said, the company still has belts, bags and jewelry that are really unique and dazzling.

    Finding a good sale on these goods has been nearly impossible but that’s all about to change. This week Barry Kieselstein-Cord is hosting a sample sale. Yes, it’s Barry Kieselstein’s sale and not a sample sale company. So we’re expecting it to be good.

    We called over and were told that handbags, silver buckles, belt straps and sliver jewelry will be included. Our source said that prices will be 20% to 40% off retail but we have a feeling she was being modest. From the sound of the hesitation in her voice we would say that prices will be 60% to 80% off.

    Once the sale starts we will be sure to send a more detailed sale update. Sale details are below:

    Thursday, May 7th to Saturday, May 9th
    Thursday 12 pm – 7 pm, Friday 8 am – 7 pm and Saturday 9 am – 4 pm
    The Warwick Hotel
    65 West 54th Street, Essex Suite on the 2nd Floor
    Cash and major credit cards accepted

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    Brooks Brothers 30% Off

    If any fashion house is ready for a rebanding it would have to be Brooks Brothers. Just look at the photo below. We think that Martha Stuart would toss a cheese cake at the sight of this picture. Anyone our there think this is chic?

    For those of you whose eyes have not swelled with tears, there’s a 30% off discount at Brook Brothers until May 11. Notice the fine print, “Discount may not be applied towards… monogramming and personalization.” Oh, wouldn’t that seersucker suit look even more perfect with white embroidered initials on the breast pocket. UCK!

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    McQueen Reduced at Target

    Target made a big mistake with their McQueen line– they priced it too high. What made the GO International collection great is that it was really very affordable and a great value. If you are looking to spend $90 on a dress, however, there are numerous places to shop and Target isn’t the first place that comes to mind.

    Well, enough time has passed to call for a first markdown. The collection is now reduced 30% off, which makes shopping for McQueen at Target a lot more digestible. Dresses are now $55, tops are under $20 and bikini’s are $14 for each piece. See folks, these are Target prices!

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