Temperatures are rising and so are markdown. Today we collected markdown intelligence from some of our favorite Madison Avenue stores. As you can expect, we are just calling this our seasonal amuse bouche. Enjoy!
Chanel
Chanel sales always take place during the second week of June. Prices on clothing, shoes and accessories will be discounted 40%. Leather bags are almost never marked down, but keep your eyes open for seasonal styles, which are occasionally discounted.
Amy: 212-535-5505
Chloe
Presale starts today and customers can shop the markdown by appointment and take their selections home on Thursday. The markdown is 40% on ready-to-wear and shoes and select bags are 30%. The sale goes public after Memorial Day.
Tara: 212-717-8220
Dolce & Gabbana
Presale will start on May 23 on Madison and in the new super Fifth Avenue location. We expect that the boutique’s merchandise will be discounted 40%. Usually shoes and handbags follow the same discount.
Balinda: 212-249-4100
Giuseppe Zanotti
The sale officially starts Friday but you can make an appointment to start shopping the discounts now. Most summer styles are 30% off. There are lots of similar styles discounted at DSW. Just take note that the retail prices on their site are inflated, so the actually discount might be less than it seems.
George: 212-650-0455
Gucci
The presale has not yet officially started but if you work with a sales person you can likely have them set your wish list aside. We expect that the company will begin their private presale this week and will send an update as soon as it occurs. Gucci’s first markdown is usually 50% on clothing and shoes and 30% off handbags.
Lanvin
The Private Sale is currently under way and spring and summer merchandise has been marked down 40%. Shoes, including some ballerina flats and sneakers are 30% off. Accessories and handbags are 30% off too. We hear there is a great variety of sizes and styles. The sale officially opens to the public on Friday, so it would be best to shop before the crowds.
Hector: 646-439-0381
Marni
The sale starts VERY soon, right after Memorial Day. It hasn’t officially begun BUT the main collection is (oops, will be) 40% off and the Addition Collection and Resort are 30%.
Dana: 212-257-6907
Missoni
The Missoni isn’t a big player in the presale/private sale game. They just go on sale. Right now the discount ranges from 40% to 50% on clothing, shoes and handbags. No scarves or swimwear are included in the markdown. Additional discounts are taken in June.
Connie 212-517-9339
Prada
Presale usually begins right about now with the sale officially starting the first week of June. Last year, however, Prada cut out their presales and became a lot less generous with their markdowns. Last season the brand started with a 50% cut on clothing and shoes and 40% off bags. We are hoping that the numbers will be the same this season.
Betty: 212-327-4200
Valentino
The Valentino boutique has started their presale. The discount on shoes, handbags and clothing is 40% off. Most of the Rockstud collection is not included in the markdown but you can use the seasonal discount towards a host of other items. Online shoppers can expect an code to access the sale shortly. For now you can shop the website for deals on Valentino RED.
Neusa 212-772-6969
