Luxury Market Feeling Crunch with Up to 70% Off
December 9, 2008 | Posted by Allison as Tid Bits & News at 11:00 am | Comments »
With the current skeptical economy, luxury retailers are rethinking their Christmas strategy already.
Bergdorf Goodman announced they would slash their sky-high prices to 70% off, which is completely unheard of this early into the holiday season.
And not only Bergdorf is feeling the pain, Barney’s recently sent out an email to their email listers that they would be going 60% off. And that’s not even to mention Saks who went 70% off particular items last week.
I tell you, if you have any funds in your pockets for holiday shopping, this is the year for it!
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