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    Three Fashionistas Clean Their Closets

    What happens when three fashion-industry girls with an admitted shopping addiction need to find room in their shrinking apartments? They hold a public sale of their brand new and gently but lovely belongings, of course!!!

    Included in this “Confessions of Three Shopaholics” sale is a considerable collection of mid to high-end designer clothes, shoes, handbags and accessories, along with some more casual brands all up to 95% retail. The sale includes more than 700 items and 150 pairs of designer shoes ranging from a size 5 to size 10. Designer clothes range in size from 0 to 10.

    Some of the higher end brands include Louis Vuitton, Manolo Blahnik, Chanel, Gucci, Giuseppe Zanotti, Fendi, Christian Louboutin and Prada. Some of the less fussy brands include Seven jeans, DVF and Theory.

    When interviewed about the sale, the girls admitted that it was hard to get rid of some of their valuable belongs. At first they considered holding the sale just for their friends: “But it would have been really hard to see someone you know wearing something that was yours,” admitted one girl who is planning on renovating her apartment with the money raised from the sale.

    Between you and me, I think the idea is genius. I could imagine this becoming a trend. What do you think? How hard would it be for you to give up some of your prized belongings?

    Confessions of Three Shopaholics Sale
    Tuesday, August 24th
    5pm to 9pm
    545 West 25th Street (b/t Tenth and Eleventh Ave), 8th Floor.
    CASH ONLY.

    Matthew Williamson Friends & Family

    Matthew Williamson fans listen closely: The Matthew Williamson boutique, in the Meatpacking District, is hosting a friends and family sale where the discount on spring/summer merchandise is 80% off! Yes, you read right, 80% off! You know this is major.

    We took a spin through the store to survey the merch and there’s still a great selection of wonderful dresses, tops, skirts, scarves, belts and bags. Do you feel your heart pounding yet? Did we mention, it’s all 80% off!?

    Plan your strategy and browse online now because the friends and family discount is only available from 8:00am to 11am Thursday and Friday. After 11am the discount goes back to just 60% off. We suggest you get there no later than 8:01am. Good luck!

    Contact: Stephanie 212-255-9881

    Temperley London Sample Sale

    The Temperley London boutique will be holding a huge sample sale over the weekend. Past season merchandise and press samples will be up to 70% off. In addition, Facebook fans of Temperley London will get an extra 10% off. Fan them now!

    We are told that there is HUGE assortment of inventory and that shoppers will be welcome with amazing finds throughout the weekend sale. As much as you may be tempted to peak over at that Fall 2010 collection, remember to keep your eyes on the sale!!!

    Temperley London Sample Sale
    Friday, August 20th through Sunday, August 22nd
    Fri 9:30am-7pm, Sat. 10am-7pm, Sun 12pm-6pm
    453 Broome Street, 2nd Floor (at Mercer)
    212-219-2929

    Retail Therapy: Lauren Sherman

    Being able to understand and translate financial reports and a designer’s manifesto is the ultimate combination of style and brains. Lauren Sherman is one of those rare fashion writers who possesses both super-powers.

    Lauren is the editor of Fashionista, where she reports, writes and edits fashion industry news, gossip and analysis. Previously, she was a reporter at Forbes, where she covered luxury goods, fashion and consumerism.

    We love how Lauren can flawlessly explain the intricacies of a fashion company merger and sit front row at the European Couture shows– without any pretense. Oh, did we mention she can shop bargains too? We think Lauren is in need of a super-hero-fashion award. Do you agree?

    What’s your most prized deal?
    I’d say this Celine monogrammed clutch from the 1970s that I just picked up on eBay–$36. And the Proenza Schouler pumps I paid $80 for.

    Biggest regret that you didn’t purchase?
    There is this plaid hunting jacket from Phillip Lim Fall 2007 that I tried on a million times but never got the guts to buy. I still think about it.

    This season you are looking for…
    A camel skirt, a pair of red suede kitten heels, and some leopard loafers.

    What’s your number one shopping tip?
    Buy one good thing instead of ten affordable things. I end up spending less money in the long run because I’m more satisfied with my purchases. Good things at discount are best, of course!

    What’s your biggest weakness?
    Foreign magazines and the store COS in Europe–I can’t leave there without buying several things.

    Is there an item for which a shopper should never mind paying full price?
    A good bag. I paid full price for my Chanel bag, and I’m happy I did, because it was exactly what I wanted. If I would have done second hand, I wouldn’t have been fully satisfied. I wear it every day, so I feel like it’ll eventually pay for itself!

    DSW’s Gucci Sale Strikes Again

    It appears as if DSW’s Gucci sale is becoming an annual tradition. According to Racked, DSW is slated to receive a healthy shipment of Gucci merchandise starting Thursday.

    If you’re not interested in waiting until Thursday or navigating through Gucci hungry crowds, you might want to click over to DSW.com right now. There is already a nice selection of shoes priced at just $199. And while you are clicking through the Gucci assortment, don’t miss the Sergio Rossi selection. We actually like the Rossi’s better than the Gucci’s and they are less expansive.

    Serious DSW shoppers should be on the look-out for coupons an promotions. Earlier this month, the store offered $50 off purchases of $199. If you’re wavering on a particular purchase, buy it anyway. DSW has a very accommodating return policy and is quite lenient on price adjustments.

    Click here to see past DSW stories.

    Christie’s Auctions 28-Designer Handbags

    A very wily reader directed our attention to a Christie’s home interiors auction, which contains various home furnishings. Buried between hundreds of tapestries and antique vases is lot #318, “A Group of 28 Assorted Leather Handbags.!

    The purse collection includes, Chanel, Hermes, Bottega Veneta, Salvatore Ferragamo and various other designer bags. The estimate value is between $1000 and $1500 but we all know that even one Hermes Kelly is worth more than that even if the condition is questionable.

    The handbag loot appears to be from a woman’s estate and she obviously had amazing taste. The following lot, #812 is from the same estate and consists of 43 Judith Lieber bags. It’s a wonder that that this woman’s daughters or daughters-in-law didn’t pounce on this pile.

    The auction, Sale 2335, is scheduled to take place from August 31st to September 1st, in New York. (Just keep in mind that there is a 25% buyer’s premium plus tax.) You can be sure we will be watching the gavel closely!

    Coming Soon: Vacheron Constantin

    Luxury Swiss watch maker, Vacheron Constantine has signed a deal to take over David Yurman’s old space at 729 Madison Avenue. The store will be approximately 1500-square-feet and will likely include a private viewing room upstairs.This will be the company’s first boutique in the United States.

    Founded in 1755, Vacheron Constantin is the world’s oldest manufacturer of fine watches. Prices start at about $8000 and go up to $1.5 million for a Tour de l’Ile, which is considered the world’s most expensive and complicated watch movement. Needless to say, a VC is a serious watch at any price.

    Following Fall Markdowns

    Stores are practically fully stocked with fall merchandise, September issues are hitting news stands and there are more than a couple of items that have caught our eye. We’re dying to snatch the perfect pair of high boots, a great fall bag and key wardrobe pieces but all these items are likely to sit in our closet until the weather gets cool. By then, there’s likely to be a markdown… or two.

    So, this is what you are going to do: email us the item you want most this fall and we will follow ten of our favorites and track their prices throughout the season.

    Before you start flooding our email box , please don’t suggest items that are unlikely to be found discounted, like a Louis Vuitton trunk, an Hermes Kelly bag or that Miu Miu dress, which was used on at least four Magazine covers this month.

    Be bold, be chic, be stylish, be trendy, be unique and be in LOVE!