Inventories are being kept tight in hope of increasing full-price selling and reducing markdowns.
The music star had launched the collection last February during New York Fashion Week.
The French designer was synonymous with striped sweaters and Left Bank insouciance.
Alberta Ferretti hired British designer Natalie Ratabesi to boost her younger line.
Macy’s Terry J. Lundgren is among the 80 executives proposing a combination of tax increases and spending cuts.
All of Manhattan’s other main flagships — Saks Fifth Avenue, Bergdorf Goodman, Macy’s and Bloomingdale’s — will stay closed for the holiday.
Gina Sanders, ceo of Fairchild Fashion Media, and Karen Harvey co-hosted the event at the designer’s Madison Avenue flagship.