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    Saks Consolidation: For Real This Time

    A few weeks ago I wrote about the bummer Saks consolidation sale. Turns out, the late January sale was just hype. Last week, however, the third floor (designer level) got a huge influx of merchandise.

    Most items are currently marked 50% or 60% off the original price. We suspect that later this week or early next week all these 2008 treasures will take a large additional markdown. Think 50% to 60% off for a total savings of 75% to 85% off.

    Now would be a good time to call your sales person or go to the store and pull the items your heart desires.

    Contact: Marie Jose 212-940-2536
    3rd Floor Premier Designers

    Paul Smith 75% Off

    Our Absentee tipster sent in the following intel:

    SATURDAY SALE-ING
    75 % Off Paul Smith
    London gentleman, clothier and foppish dandy Paul Smith is brandishing his wares at a more than decent 75% off. Suits, shirts, cashmere, jeans and even rakish charm will be discounted.
    Sale runs Feb 6-8, 108 5th Ave (at 16th St), 212-627-9770 and 142 Greene St (near Prince), 646-613-3060

    Thank you to Absent and his cadre of fashion hounds. Remember, Tokyo might seem all bright, new and flashy but New York will always be the rock of our existence. xo Lila

    Luca Luca Sale –Wait For the Last Day

    The Luca Luca sample is well under way but we have super intelligence providing the last day (Tues. Feb 10th) will host the best deals. Forget about free sweaters or shoes we’re waiting for 90% off.

    Our spy says, “The one day is going to really be 90% (it’s the last day of the sale). That’s why it’s advertised as a separate one day only sale. Prices will be 90% off (seriously) the retail tag.”

    But we still need proof and the informant responds:
    Style # Padora- Beaded dress- was $3900, now $390
    Style# Indu- Pleated skirt- was $1,960, now $195
    Style # Chonna- Floral satin shirt- was $980, now $100

    Well there you go. Wait until the last day of the Luca Luca sale when ALL merchandise will be 90% off.

    Fall/Winter 2008 Collection
    Tuesday, Feb. 10TH 9am to 6pm
    Luca Luca Showroom
    19 West 36th Street, 4th Floor 212 920 1211

    Intermix Warehouse Sale

    We know you got the email and already saw it posted on nine other blogs , but in the case you didn’t: Intermix is having a Warehouse sale. What does that mean? The sale rack in the back of the store has been reduced again.

    We stopped by and found little black dresses galore all priced between $100 and $200 or 65% to 85% off. A Stella McCartney
    top was $79 from $250-ish, a Lanvin dress was $235 down from $1,200-ish and royal blue Chloe shoes were $89.

    The sale is also online but not even worth the mouse click it takes to get there. If you’re in the neighborhood, by all means pop in. But there’s really no reason to go out of your way unless you want to practice asking a sales associate for help while never making eye contact.

    Small Change 70% Off

    Calling all Upper East Side mothers: Small Change has reduced all children’s clothing to 70% off. The store is packed and the merchandise is going fast.

    Il Gufo dresses that were $180 are now $54, Splendid leggings and hoodie outfits were $90 and now $27, white blouses (which work excellent with most uniforms) were $120 and now $36. There’s also lots of boy merchandise, in addition to coats, hats, gloves, tights etc.

    When you’re done at Small Change jump across the street to Bon Nuit, which has also marked down their winter merchandise. The clothing there is more dressy but not as reduced.

    Contact: Barbara 212-772-6455 (Small Change)
    1196 Lexington Ave. b/w 81st and 82nd

    Photo courtesy of Arte Bebe

    Stricter Return Policies

    As the woes of this economy get ever more difficult, department stores are trying to figure out how to protect their ass-ets. Liberal return policies seem to be the first big change and there may be a lot more to come.

    Today, Neiman Marcus Online sent out the below email explaining to customers that merchandise kept more than 60 days will be subject to partial refund. For example, if you keep an item 61 days before returning it you will only receive back 75% of the purchase price. If you keep the item more than 181 there will be no refund. In addition, online sale items can only be returned 30 days after purchase.

    These new rules might seem to be aimed at your bff who is the type to keep the tags on while she gives her new dress a “test drive,” but we are sensing this seems to be the wave of the future.

    So folks, hold on to your receipts and don’t procrastinate. For the record, Target has a 90 day return policy.

    Thakoon 30% Off at Target or 85% Off at eLux

    A good deal has become better with the 30% markdown of Thakoon’s collection for Target. The line was launched Christmas day and has dwindled to just a few pieces in most Target locations. There is a larger selection online but the selection is still spotty.

    It’s still cold out but it’s never too early to stock up on great deals for summer. This sophisticated spring dress was $39 and is now about $18.

    If Target is too lowbrow, you can always opt for the Thakoon Cuban dress in yellow, from eLuxury. The dress is now $329 from $1,995 or about 85% off.

    Private Fine Jewelry Sale

    The garment district isn’t the only sector having a difficult season. As a matter of fact, the jewelry industry is having one of their worst seasons ever.

    Tiffany, for example, reported that total sales for the November through December period dropped 20%. These declines are outrageous and the jewelry wholesaler is hurting too. Their pain can be your gain.

    In this environment, the jewelry wholesaler has to be creative. And that’s exactly what they are doing. For the first time ever, five top-of-the-line jewelry wholesale companies are coming together to host a private sale that’s open to the public.

    This one day sale will take place on Wednesday, Feb. 4th. The markdown will range from 50% to 75% off retail. The diverse assortment of companies represented at the sale expands to the budget and taste of customers. Items range from $350 up to more than $15,000. (Remember, Valentine’s Day is in less than two weeks!)

    Below are the companies included in the private sale:

  • Hosting the sale is Arezzo, a 35 year-old-company that carries very fine classic and timeless jewelry in 18 carat gold jewelry as well as exquisite diamond hoop earrings, diamond and colored stone bangles, necklaces and other earrings. Arezzo’s jewelry can normally be found in high end jewelry stores like London Jewelers and Hamilton.
  • Also included in the sale is Jadaco, which carries 18 carat gold jewelry with precious and semi-precious stones.
  • Citra Trading Company is one of the largest importers of gold from Italy and also carries pearls and jewelry made with Russian diamonds.
  • Lumiere makes beautiful handmade necklaces and also carries high quality pearls and can be found in the popular bridal and newlywed store, Michael C. Fina
  • Max Alonzo’s pieces are a bit more creative as he twists brushed and polished gold into beautiful works of art. All his jewelry is handmade from 18 carat gold and diamonds. Max’s specialties are rings and bangles.
  • Remember the sale is only one day so there is no procrastinating. The details are below:


    Date: Wednesday, Feb. 4th 2009
    Time: 8am to 9pm
    Address: Arezzo 10 East 33rd Street, 6th Floor
    Phone: 212-869-0665 (0)
    Payment: Credit Cards ONLY
    In the case of severe snow the sale may be postponed until Thursday. Please call ahead.


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