Waiting Game

— Thu, 30th October 2008 —

Last month, a Bergdorf floor manager told us, in effect, “It would take a cataclysmic event to affect our prices before December… We’re not Barney’s.”

Well, the market — call it cataclysmic or not — appears to have forced the fashion fortress to mark down women’s ready-to-wear, accessories, and shoes by up to 40%. And it’s not even November!

Men’s wear sales are said to be faring better than women’s wear right now, but we suspect that won’t keep the other high-end shoe from dropping shortly. “These aren’t normal times,” a Bergdorf clerk told us today. “There are a lot of factors that we didn’t have to consider last year or the year before that.” We’ll keep you posted.

Bergdorf’s – 754 5th Ave at 58th – 212-753-7300 – Map

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