X


    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.

    Barneys Warehouse Sale

    Somewhere between their moment-by-moment updates of the 3G iPhone, RackedNY posted breaking news about the upcoming  Barneys Warehouse Sale. Afterwards I received dozens of email wondering why I was ignoring such big news.

    To understand my reluctance to cover such an event we will have to go back about 25 years to when I was a wee SIT (spy in training). Barneys was just a men’s store and anyone who lived uptown at the time would love to go down to Barneys for one key attraction: Free Parking. 
    Back in the day, Yves Saint Laurent and  Pierre Cardin were the important men’s designers and Armani was still viewed as trendy. The average price for a very top of the line suit at Saks would be about about $900. Saks would seldom have a sale and when they did, the discount was only offered to their elite class customers. The sale included a mimosa breakfast and a 20% discount.  When Barneys would have their big warehouse sale they would discount the same suit to about $250 to $350. There was no other place you could find the same suit for anything near that price. It was a BIG deal. 
    Today most every department store discounts up to 75% off when the want to get some major cash flow. So weathering the Barneys warehouse sale– the crowds, the piles of ripped and damaged junk, the attitude, the bouncers– just doesn’t seem worth it. After all, there’s no free parking!

    The Stats:
    50% to 70% off designer clothing, shoes, and housewares
    Thursday, August 14, through Monday, September 1
    255 W. 17th St b/w 7th and 8th Avenues
    212-450-8400

    or 
    Their online sale is up to 75% off.

    True Love: Shawn

    Fancy cloths and expensive accessories mean nothing unless you know how to pull yourself together. The first step, of course, is a great cut and color. It’s easy to get an appointment Fekkai, which seems to have become an upperclass Super Cuts. Sally Hershberger is a bit, what’s a nice way to say this– masculine. Not to add a bit full of herself. John Barrett, a tad BLOND!

    What’s a girl to do? Find the next big thing! Shawn, who has no last name that I know of –he’s like the greats: Madonna and Cher– has been flying under the radar styling the tresses of super celebs and uptown gals from 30,000 feet in the air to his loft/salon down in Gramercy Park.

    Most celebs want a cut of the action if you mention their names so I promised not to call anyone out. However, Mischa Barton wasn’t born with hair looking that perfect.

    The deal with Shawn is that he was a high powered products developer for L’oreal. He would occasionally do a trim here or a color there for the friendly co-worker or passing fashion editor. Before he knew it his days were filled will gels and sprays and at night his living room was flooded with beauties looking for the best cut and color in town.

    Now is where we get to the good part. Shawn believes long hair is sexy. So you don’t have to worry about him wanting to chop away those long locks. In addition, his color is as natural as it gets. What’s even better is that the cost is much less than a day’s salary. That even goes for a new college graduate. Without quoting numbers you can trust me when I say it’s a great deal. Not to be found elsewhere.

    Shawn: 212-920-7075

    Don’t forget to say Lila sent you.

    xoxo

    eLuxury Private Sale


    The premier Louis Vuitton etailer, eLuxury, is hosting an insider sale. As always LV isn’t included but a host of great brands like Giuseppe Zanttti, Dolce & Gabanna, Zac Posen and Fendi are up to 40% off. I can’t figure out from what season the merchandise is from (please help me out if you know). Much if it seems Summery but some items are posted as pre-order, which usually refers to the upcoming season.

    Click here to hit the private sale.

    Starbucks: Morning and Afternoon Delight

    My legendary nutritionist told me that coffee is as bad as crack and will prematurely bring monthly botox visits into my life. So out went the coffee. However, some days putting one foot in front of the other is too much.  On these occasions I crawl to a local Starbucks. 

    This Summer, Starbucks is hosting a promotion that will make coffee lovers happy. Just visit your local Starbucks after 2pm with your am receipt and get a Grande (16 Oz/ medium) cold drink for just $2. 

    This afternoon delight runs until the beginning of school (September 8th). Just don’t blame me when you top the scales this fall. A Mocha Frappuccino with whipped cream is 380 calories and it takes 45 minutes of running to burn that off.