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    Post-Christmas Round-Up

    This year, the sales came fast and furious, but that doesn’t mean that all the merchandise is gone. Some stores reduced prices further after Christmas while others are holding out. Whatever inventory is left through February will be reduced at least 70% off. For now, here’s the status of your favorite stores.

    Bottega Veneta: Ready-to-wear is now 50% off, woven bags are 30% off and non-wovens are 50% off. Our trusted futurist, Faith Popcorn believes that Veneta will be able to withstand the economic downturn because of its understated designer status. I hardly know a person who doesn’t have at least two woven bags (present company included) and they are quickly getting boring. This consumerist is in need of something new and exciting.
    Tatiana 212-371-5511

    Chloe: Before the holidays I took a quick spin and there were only two very bare racks of clothing. In early December, prices were slashed to 70% off. Their aggressive sales seemed to have paid off. If you want Chloe you might have to fish online venues, like Net-A-Porter.
    Gisella 212-717-8220

    Christian Louboutin: The discount is 40% off and we were assured prices will not go down any lower. Looking for better Loubie deals? Make nice with a department store sales person and have them give you a call when a return in your size comes in.
    Erich 212-396-1884

    Dolce & Gabbana: We are still kind of bummed that the Friends and Family sale was only 60% off. At least the insider discount is now public. Not that the collection had many standouts, but it’s going to take more than 60% off in January to lure shoppers.
    Cono 212-249-4100

    Dunhil: As the only apparel outlet owned by the Richemont Group (Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc), you can expect that these guys really know what men want. Nice watch, great cufflinks, amazing suit! Now you guys can get the fine tailoring you want at 60% off. Dunhill always has an end of season sale but this is on the early side. Maybe, wait it out and prices continue to slip.
    Alexander 212-753-9292

    Ermenegildo Zegna: Listen-up boys, especially if you’re over six feet and under 200 pounds. Zegna’s sale is 70% off. Lots of suits left. For those men who don’t take hints easily: GO! Go now!
    James 212-421-4488

    Gucci: The sale is 50% to 60% off, but when was the last time Gucci had a really great collection?
    Maura 212-717-2619

    Jil Sander: As predicted, Jil Sander ready-to-wear is down to 60% off from 40% off, in November. They did have a great collection and I wouldn’t be surprised if not much is left.
    Jossiline 212-838-6100

    Jimmy Choo: Fall/Winter shoes are up to 65% off. The store even dropped their prices on classic shoes to 30% to 50% off.
    Zita 212-759-7078

    Michael Kors: Our favorite reality star/fashion designer dropped prices 70% off on clothing and 50% on handbags. In my head, I can hear Michael preaching, “70% off is in the new black.”
    Caroline 212-452-4685

    Prada: Ready-to-wear and bags are down to 50% off. Nobody believes me but I think prices will fall to 70% off like they did in 2004. The SoHo flagship is usually where the US consolidation is done.
    Christina 212-327-4200

    Valentino: Fall/Winter ready-to-wear is down to 60% off. Accessories are 50% off.
    Robert 212-772-6969

    Oscar de la Renta 70% Off

    Few fashion houses are as dreamy as Oscar de la Renta. The New York Times Critical Shopper, Cintra Wilson, recently described the old guard of luxury designers as being “worn exclusively by women so morbidly wealthy that they can wear white satin on the soles of their shoes since their daily walk involves only the floor mats of bulletproof limousines, Hereke silk carpets and the soft, clean heads of the middle class.”

    This may be true, but a spin through the store is almost like a garment museum. Walking through I hear my mother’s voice in my head scolding me for touching everything as a child. But it’s so hard to control yourself. The fabrics sometimes feel like they are spun from Rapunzel’s golden hair.

    This week, however, Oscar made his store a bit more approachable by marking down the Fall/Winter collection to 70% off. The sale also includes the online store. Gowns that were $10,000 are now around $3,000, which is a lot of lettuce out of any one’s pocket but a far cry from ten-grand. Remember the dress is hand painted and embroidered!

    Barney’s 3rd Markdown

    Barney’s announced another markdown today where they reduced merchandise up to 75% off. The sale runs from today until Sunday, Dec. 21st. The sale is also running online but Barneys is famous for their–how do we nicely say this–imperfectly developed inventory system. So don’t be surprised if order gets canceled hours or even days later. To be safe you might just want to call the store.

    From what I hear there’s still lots to choose from. I imagine that Barneys will be pretty cleaned out by Sunday. So get there fast and bring cash because the good stuff isn’t going to stick around for long when it’s being sold at such a steep discount.

    Saks Jewelry Sale

    We received breaking news this evening:

    Saks is running a jewelry sale that has “NEVEEEEER been done before,” according to our jewelry spy. The Fifth Avenue department store, along with the Boca and LA outposts are offering 20% off David Yurman (including couture), Faraone Mennella, Temple St. Clair, Roberto Coin, Gurhan, Ippolita, Marco Bicego (we’re big fans) and Judith Ripka gold jewelry. Judith Ripka silver jewelry and John Hardy are being discounted 30% off.


    This is old fodder, but opening a Saks account can get you an additional 10% off. We are told that there may be more surprises as the story evolves. The sale runs from Thursday, Dec 17 until Christmas Eve.

    Oh yeah, Graff is 98% off. JUST KIDDING!
    Remember, you heard it here first!

    Contact: Raquel 212 940-2131