Retailers were all psyched not to replay this winter's quick and furious price reductions. They are, however, realizing that their inventory is not wine, and will not appreciate with age. Just 10 days ago Gucci officially started their semi-annual sale and they are already knocking the prices down again from to 60% off. The discount is currently 40% off.
Most ready-to-wear will be included in the extra markdown. We are told that only select shoes, handbags and accessories will discounted further. The additional price reduction officially starts Friday but stores will honor the new prices starting Thursday.
Will prices go to 75% off? Lila says: "Absolutely!"
Contact: Nora 212-717-2619