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    Bergdorfs Watch

    I’ve heard it from three good authorities that Bergdorfs is taking their second markdown on Wednesday. I have called the store and all the sales people are trying to play coy with lines like, “Maybe after July 4th.” 

    I’m not falling for that July 4th crap and will continue to breeze through without buying a thing until their prices are competitive with other New York department stores (Bloomies and Saks). Neiman Marcus took their second cut weeks ago!
    Enough with my ranting… Most Spring/Summer items are currently 30% off but I expect the additional markdown will come to a 50% to 60% total savings. Let’s wait and see. Until then we will stay on watch.
    Bergdorf Goodman: (212) 753-7300

    YSL 2nd Markdown

    I had a long conversation with Charles over at YSL today. He said they are taking their second cut starting today. Many bags, shoes and ready-to-wear are now 60% off. Apparently there’s still lots of great inventory from Spring/Summer 2008. It might be worth your time to take a stroll by. 

    This draw-dropping burgundy “Uptown” was $2195 but is under a grand (with tax) at $879.

    Conact: Charles 212-988-3821

    I Spy: Chanel Rain Boots

    Paige Turner picked up these very cool Chanel boots on sale at Bergdorfs. Turns out, Saks and every other store in the universe still has them at full price. You might want to head over to Bergies if you happen to have your eyes set on these chic wellies.

    Regular price: $275
    Bergdorfs: $192
    Splashing in puddles has never been so much fun. Don’t wait long though. Paige reports that there are not too many left.

    Saks ECG Event 7/24

    The next Saks “Spend Some Get Some” event is going to be July 24th. I know it’s a ways away but people often want to time their purchases right so they can maybe get some extra spending dough.

    I don’t know the what the levels will be but the last event in May was very generous and was as follows:

    $250 to $499 = $25
    $500 to $999 = $75
    $1000 to $1999 = $150
    $2000 to $2999 = $350
    $3000 to $4999 = $600
    $5000 or more = $1000

    Those who are not familiar with the Spend-Some-Get-Some lingo can think of it like this– you buy a $3000 Chanel bag and you get a $600 gift card, which makes your Chanel pumps absolutely free.

    Mikimoto Private Sale

    I have this friend Cynthia who is under the impression that Mikimoto “makes” the best pearls on earth. “Mikimoto has the best pearls,” Cynthia asserts. “I can pick out a Mikimoto pearl from across the street.” 

    Just for the record, dear Cynthia, pearls –like diamonds –come from nature. Like diamonds, pearls are graded. Mikimoto happens to just use the highest quality. Either way, you will be excited to know that Mikimoto is having a private sale.

    The sale is Thursday, June 19 from 10am to 7pm and Friday, June 20 from 10am and 3pm. 
    680 Fifth Avenue, 4th Floor 
    (between 53rd and 54th Streets)
    Lots of rules. I hope you can remember them all.

    • Invitation only. Try to snag one from a person leaving or make nice with security. You can always use the “my friend is waiting for me inside” line.
    • Credit cards only
    • No exchanges or returns
    • No holds
    • No shipping
    • Admittance will be admitted by capacity.  There may be a wait.
    • All overcoats and large bags will have to be checked
    Cynthia, good luck. Your opera length strand may be waiting…

    The Same Game 6/17

    I really “need” a new beach bag and usually love what Prada puts out for cruise in the Spring. This year I was very on the fence about this woven nylon shopper. It’s cute but too small to be a real beach bag. (I like a big towel and big sunglasses!) I figured if the bag got cheap enough I might make the leap.

    So lets play the same game. 

    Originally this Prada Woven Shopper was $1295 (small) and $1650 (large):

    NeimanMacus.com: $1088 (small)
    Barneys.com: $659  (larger)

    Prada: $910 (small) $1155 (large)
    Saks: $667 (large–NY is sold out but it’s available in Beverly Hills and Boca)

    D&G Friends and Family 70% Off

    You guys are kind of on your own with this one. 

    Isaac Brown graciously sent over his Dolce & Gabbana friends and family invitation, which gives you access to 70% off Spring/Summer 2008 merchandise. With the discount dresses are around $450, skirts about $230, shoes $150 and bags are about $300. Brown says the men’s selection is top notch. So we’ll call this an equal opportunity post, although I don’t know the price range of men’s items.

    The Madison Avenue Spy rules are as follows: 
    1. Tell nobody where you got this.
    2. It must be printed out.
    3.  Don’t complain back to me if the sales people give you problems. I, along with one friend, just tested it out but once this is out in the world wide web I have no control.
    The sale runs through Sunday. Have a fun weekend. 
    Here is the magic invitation: 

    Contact: Cono 212-249-4100