With 30, 40 and even 50 percent off signs rampant throughout apparel departments, and newspaper ads and Web sites touting major sales, it’s no wonder retailers are hitting up the vendor community for markdown money even earlier than usual — and for greater amounts.
As the fall selling season turns into one of the most disastrous on record, because consumers virtually stopped shopping in October, retailers have been forced to cut prices at least a month earlier than usual. Neiman Marcus, for example, offered 40 percent off all merchandise throughout the store for several days in late October, went back to regular prices and then resumed major sales of 25 to 40 percent throughout women’s designer, couture, contemporary and career sportswear this past Saturday; Macy’s is offering 25 to 50 percent off storewide through Veteran’s Day; Saks Fifth Avenue gave 20 percent off to “friends and family” in mid-October and has been selling many of its contemporary sportswear lines at 40 percent off and Bergdorf Goodman’s Web site touts “Save as much as 40 percent off.”
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)