Thursday, December 31, 2015

New Year's Sale: Neiman Marcus & Saks

As we count down the final hours of 2015, I would like to extend my deepest gratitude to the Madison Avenue Spy family. When I started this blog --almost nine years ago-- I wanted to carve a place on the Internet where people could get insider shopping information. With your support and help, I think we have succeeded in adding transparency to pre-sales and VIP shopping promotions.

I hope you continue to be amused and informed. Wishing you all a joyous, prosperous, healthy and Happy New Year. Without further delay, we bring you the final sales of 2015.

Saks Fifth Avenue
The Final Sale has started. Shoppers can now save 70% off on designer clothing. (The shoe discount is stalled at up to 60%.) The Valentino black white print dress from off the runway is $1300 from $4400, a Herve Leger Jacquard dress is $500 from $1700 and Norma Kamali foil leggings are $60 from $195. Do grab a pair of these Frame jeans for $90 from $199 or a distressed pair for $70 from $230. Just be careful, some heavily reduced items may be final sale.

Neiman Marcus
Through Friday, you can save an extra 33% on already reduced items. On some clothing the additional discount brings the final markdown to about 70% off. Among the items eligible for the extra markdown, is an Alexander Wang white crepe gown that's $300 from $925, a chunky cashmere Derek Lam sweater with an oversized collar for $666 from $1700 and a Valentino floral print baby-doll dress is $1880 from $4700. Sandals appear to be the most highly discounted shoes. Sorting for more seasonally appropriate options we found Tabitha Simmons velvet slip-on sneakers for $250 from $625, Fendi t-straps for $300 from $900 and Lanvin ballet flats for $225 from $560. Neiman Marcus still has a great handbag selection but prices aren't reduced nearly as much as their competitors. We will keep an eye on that.

Moda Operandi
Keeping one step ahead of the pack, Moda Operandi has taken up to 75% off. Among the most highly discounted items we found a Tanya Taylor black and white floral print dress that comes to $50 from $600, a Dolce & Gabbana shift dress with leather appliqué for $2250 from $9000 and a Giamba a-line skirt for $223 from $890.