The Sale: Marc Jacobs Fall 08 RTW and shoes are currently marked down 70%. 163 Mercer St. 11-7pm. Ongoing.
The Strategy: Hurry over now. There is still plenty of merchandise in stock, even if shoes might be a bit picked over, and the collection is full of warm sweaters and coats, just in time for winter. Plus, it's not crowded at all, and the sales people are very attentive. The only other sale going on at the moment that is as steep as this one is at Saks, where almost all merch is 70% off, but when we stopped by yesterday, it was a bit of a madhouse, and most of the stuff was disappearing quickly.
The Stuff: I've been looking for a truly warm winter jacket for awhile, without having to resort to buying a hideous Patagonia sleeping bag style coat, which most New Yorkers seem to wear in the coldest darkest months. I decided to make a very practical buy, and pick up this cream colored cocoon shaped wool coat, not only because I love the style and the cut, but because it's super thick and warm, and feels like you're wrapping a giant duvet around your body. It was originally $2,200, reduced to $660, which is still steep, but it's an early Christmas present that I know I'll use all winter.