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    Rogan for Target 75% Off

    It’s a little known fact that Target aggressively marks down merchandise to move them out quickly. Part of the reason why Target is such a wonder company is because it’s amazing inventory turnover –a financial measure of how quickly goods move through the company. It’s the envy of most retailers at 8.7 times a year. Saks, on the other hand, has a annual inventory turnover of 3.86 times. (And you thought that this site was just about shallow sales crap.)

    So when the fashion in-crowed was fighting over $16.99 Rogan tees at Barneys, Target savvy shoppers were keeping an open eye. Today the same Rogan shirt is $4.24 at Target.com.

    I’m telling you first hand that this tube top dress was a steal at $40 but it’s impossible not to buy a second for less than $10. The problem is that the store has turned over the inventory to the new collection, Richard Chai, but the goods still can be found on the site. So if you ever feel like you missed a great item– remember that that it’s probably on Target.com. Oh yeah, shipping is usually free and if you like you can return it to any Target store.

    Intermix Warehouse Sale

    Just incase you didn’t think the Barneys Warehouse Sale was bad enough, the Intermix warehouse sale starts tomorrow. The sale used to be held downstairs at their 18th street location but has moved on to a bigger (better is questionable) space at the shrine of all sample sales: Metropolitan Pavilion (10 West 19th Street, near 6th ave).

    The offer is “70% off of killer brands, such as Chloe, Matthew Williamson, Yigal Azrouel, denim galore, and Kors shoes.” The sale runs from 8/26 until 8/28, 9am until 8pm. For more information call 212-741-5075.

    Everyone I know is out of town (present company included) but if you’re planning on hanging around NYU this might be worth a browse before heading over to City Bakery. I say you’re money is better spent on a $4 cookie. But see for yourself.

    The Same Game: Miu Miu Pumps

    I mentioned in prior posts about how overplayed Barney’s Warehouse Sale can be. I have to admit — no I didn’t treck to the co-op store– I did start polking around online. I have to say that there are some really good deals on the site. However, sizes are starting to become limited. In honor of the great BWS I thought we should play the Same Game.

    Here we have a very classic pair of Miu Miu pumps, which were part of the Spring/Summer 2008 collection. The great thing about these shoes are that they are simply classic and can be worn in any season at almost any time.

    So lets play the Same Game.
    These Miu Miu black patent leather pumps started off at $420:

    Saks.com: $251.90 (plus a $25 gift card. Today only.)
    Bluefly: $336
    Barneys.com: $210

    eBay Hide & Chic

    This isn’t a sale but more of a crazy marketing ploy by eBay. The Hide and Chic “promotion” is eBay randomly posting high-end designer goods like, Christian Louboutin shoes, Tom Ford sunglasses and men’s Air Jordens for just $1. So what you have to do is search for the $1 goods and be the first to “buy it now” for just $1.

    It seems as if this designer hide-and-seek game is catching on and is all the talk at Nello’s as women chat about frantically spending hours hitting the F5 (refresh) button on their computer. I overheard one woman at lunch saying, “I just have it sorted by price (lowest first) … everything is working fine except that I can’t hit the stupid Buy it Now button fast enough!”

    I spent about 20 minutes trying to figure out how all of this works and another 30 seconds searching for Jimmy Choo shoes, resorting and pressing refresh. Bottom line, if it’s too much work– It’s just not my thing. The “promotion” started August 18th and goes until Friday. If you catch yourself watching the clock Friday afternoon this might be good enough way to pass the time. Hell $1 Louboutins are as good as free Louboutins.

    A Tale of Two Continents

    This week, in T Magazine, Lynn Yaeger talks about how she went to Paris and couldn’t afford YSL or much of anything else. Instead– like most American tourists in Europe –she set her shopping sites on something off the beaten path: a wooden duck.

    Yager chimes, “And I even loved the euro back when it was 20 percent lower than the dollar and I came home from Rome with, among other things, a one-of-a-kind black alligator handbag embellished with beaded polka dots that, in reality, I never used much. (Maybe I’m better off with a wooden duck?) “

    As Yeager interviews her friends about alternate ways to amuse yourself while traveling abroad –museums or windsurfing!?– the International Herald Tribune sings the song of joy as European tourists shop, dine and play New York as if it’s Candyland.

    One interviewee explains, “she felt like this summer had turned into a turf war with free-spending Europeans over the chic bistros, spas, boutiques and department stores that she, a native New Yorker, used to consider her playground.”

    For now, I’ll be skipping Capri and scoping out the best sales possible. Even with a weak dollar, there is no other country that does sales like the US.

    Sake EGC Event 8/21 Presale Now

    Hi Lila,

    The EGC event is next week on August 21, 2008 Thursday for one day only. The value of the gift cards are dependent of the amount that you purchase.

    The breakdown is as follows:
    Spend between:
    $250 to $499 = $25 EGC
    $500 to $999 = $50 EGC
    $1000 to $1999 = $100 EGC
    $2000 to $2999 = $300 EGC
    $3000 plus = $450 EGC

    Pre selling has already begun.

    Let me know what you are seeking and I can set aside everything for you.

    Please feel free to share this with your friends and family!!

    Best,
    Peter
    ______________________

    Peter Tay
    Saks Fifth Avenue
    Women’s Designer Shoe Salon
    611 Fifth Avenue
    New York, NY 10022
    T: 212-940-2401
    E: personal.shopper.saks@gmail.com
    Days off: Mondays & Tuesdays
    My Sak’s Facebook Photo Album: http://www.facebook.com/profile.php?id=1010623408

    Thakoon for Target

    I was just closing up for the night when I came across wonderful, wonderful, wonderful news. According to WWD, Thakoon Panichgul will be the next Go International designer. His collection will launch in late September and run through January, and be available at most Target stores and target.com.

    Thakoon made his runway debut in 2005. Each year his collection has grown in size and elegance. We love Thakoon for his simple structures and vintage looking prints.

    If I haven’t made it clear enough, I am a VERY big fan of Thakoon and have been following his success since he was an editor at Harper’s Bazaar. Finding his cloths isn’t always easy. Until this past year, only Barneys, Jeffery and some small SoHo stores carry his frocks. Now great design will be available to everyone!

    Hermès Pricing

    This week Hermès increased the prices on many of their most popular items while decreasing the prices of others. The prices of many popular bags and accessories were increased 5% to 8% depending on the item. A classic print silk woman’s scarf is now $375 when they were $355 August 10th. A 32cm croc Birkin was $35,000 and is now $37,000. Both prices seem insane even to this Madison Avenue gal but going back five years ago the same bag was under $8,000. Can you imagine?

    On the bright side, some items on Hermes.com have gone down in price. For instance, a hippo key ring was $350 and is now $320. The globetrotter agenda is now $590, from $640 and mugs (yes, the type you drink with) were $125 and are now $110. Sorry, that’s the end of the bright news because there are rumors of an additional 10% price increase sometime after the new year.

    Understanding Hermès pricing has never been easy. Back in March 2008, Business Week ran a great article, “The Mystery of the $234 Hermès Tie.”The magazine reported that in Moscow a silk tie costs 5,760 rubles, or around $241. That same tie will cost €125 ($192) at the company’s flagship store on Paris’s Faubourg Saint-Honoré but only $160 before tax ($173.40 after) at their shop on Manhattan’s Madison Avenue.

    Some would say that the price discrepancy has to do with the euro but given the weak dollar and the strong ruble, the price should be higher in the U.S. and lower in Russia than in Europe. Yet the reverse is true. Here is a great map of Hermès pricing.

    If economics and currency arbitrage aren’t your thing you might want to consider making your Hermès purchase before 2009.