Tag Archives: Burberry sale

Target’s Next Handbag Designer, Princely Polo, J Crew Talks Changes (More Price Cuts)

Happy-Happy Friday everyone, and may the sun be brightly shining upon you as we approach a respite from the frenzy that somehow took over the week.

We begin with news of the next designer collaboration for Le Boutique Tarzsay, aka Target.  The hip discount retailer is partnering with Carlos Falchi for a line of handbags in jewel tones like plum and teal, crafted of faux-snakeskin.

For those unfamiliar with this designer, we share a few current offerings from the upscale designer’s current collection, not associated with the upcoming Target line.

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This will be Target’s eighth limited edition handbag collection; the line is slated to be available from Oct. 11 to Dec. 27.  Fashionistas can still purchase pieces from the company’s current collaborative effort: the Felix Ray for Target collection remains in stores until June 14.  (Pssst – several styles from this group are on clearance!)

Just to ensure we have a Pretty in Pink today, here is another piece from the current Carlos Falchi collection.

Falchi can be found at most of your standard stops: at Neiman Marcus, Saks Fifth Avenue, eLuxury and Zappos.

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Big doings for Burberry yesterday in honor of the company launching their new Madison Avenue headquarters.  In fact, Mayor Bloomberg officially decreed it Burberry Day, and we’re sure readers will not be surprised to hear there were plenty of posh people celebrating such an amazing (ahem) and august occasion.  Many of the usual suspects were party circuit regulars popped in, or at least made sure to visit the red carpet area leading into the bash.

PHOTO: Andrew H. Walker/Getty

PHOTO: Andrew H. Walker/Getty

Actress Blake Lively from TV’s Gossip Girl was on hand,sharing her sentiments on what her favorite Burberry fashion is:

“I just live in my Burberry trenches,” Lively said about the fashion company’s signature coat.”

Indeed. Ms. Lively wasn’t the only G2 star on hand, co-star and real-life paramour Penn Badgley also made it to the festivities.

PHOTO: Andrew H. Walker/Getty

Andrew H. Walker/Getty

The pièce de résistance for Burberry execs was the unveiling of the company’s logo high above Madison Avenue:

PHOTO: Kourvanis/Wire Image

PHOTO: Kambouris/Wire Image

While poking a little fun at some of these functions we don’t want to overlook a seriously good thing occurring in tandem with Burberry’s move into its new US digs. The company is putting $500,000 from their newly established Burberry Foundation into projects geared toward teens.

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Some may remember a bit of our incredibly tedious pontificating post discussing the “Business of Preppy,” as we call it. We have an update for J. Crew, who released financial results for the quarter in a conference call with financial analysts yesterday. While things are still not good at Crew (profits down a whopping 33%), they were better than hoped.

One of the benefits of the earnings reports is the accompanying information that looks at future plans.  In today’s WWD story (Women’s Wear Daily, subscription req’d.) on J. Crew’s financial performance some of CEO Mickey Drexler’s insights and plans for the future are revealed:

  • Adjusting Crewcut prices downward.
  • Getting more aggressive on marketing the new Crewcuts catalogue. The first edition made its debut earlier this month; the second comes out in August.

  • Adjusting investments in higher-priced goods, including the range on Madewell jeans to emphasize those under $100 such as Madewell 37, priced at $59.50, and the “ex-boyfriend” style, priced at $95. Premium jeans can go as high as $198.

According to the story, Mr. Drexler indicated more J. Crew Collection and J. Crew Menswear stores are possibilities, saying he scouted locations this week in San Francisco and Los Angeles for such additions. And how does the retail and branding whiz kid feel about the overall situation?

“In a very perverse way, the bad environment was a big wake-up call. I kind of like it. The customer has become so much more acute and educated about buying goods.”

Good for Mickey, we have always admired his tenacity.

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Because we want to end on some Friday Fun, we close with a quick peek at an addition to our Lilly Pulitzer Stationery line: the Lilly Party Pack.

Lilly Pulitzer Party Pack

Lilly Pulitzer Party Pack

If buying all of the items separately the cost would be $61.50, a more-than-fair and reasonable investment IOHO (but of course, we are biased!).

Lilly Party Pack in Taboo

Lilly Party Pack in Taboo

But why spend all that when you can snag everything you need in a Party Pack while lowering the cost to a mere $52.50!

Party Pack in Juice Bar

Party Pack in Juice Stand

Let Lilly and the Princess do some of the work for you with a Party Pack!

Party Pack in Loco Patch

Party Pack in Loco Patch

With those sunny images and bright colors we say sayonara until next time. And whether contemplating weekend activities that are lush and languid, or fast and furious, we hope you can savor each and every minute.

SILLY PRINCESS WARNING — FORGOTTEN CONTENT — SILLY PRINCESS WARNING

Whoops!!! In our fervor to pop into the sunshine we almost forgot to mention Prince Harry’s visit to the city today and tomorrow’s big goings on!

The Veuve Clicquot Manhattan Polo Classic will feature some faces you may be familiar with:

This would be Nacho Figueras, arguably the best polo player in the world, captain of the Black Watch Polo team. He is also the face for Ralph Lauren’s Black Watch fragrance; Mr. Lauren sponsors the Black Watch team, and also sells limited edition apparel adorned with the team’s logo and Mr. Figueras’ number “2”.

The match this Saturday is destined to be great fun, pitting the Black Watch against another team featuring a famous face:

PHOTO: Matt Cardy/Getty

PHOTO: Matt Cardy/Getty

This would be Prince Harry, who also knows his way around and atop a polo pony. A news release on the event explains the ultimate good purpose behind the gala goings-on:

“Event proceeds will benefit American Friends of Sentebale, a U.S.-based charity that supports at-risk children in Lesotho, Africa”

HRH has already made his first official stops, posing for a photo with firefighters:

PHOTO: Chris Ison-Pool/Getty

PHOTO: Chris Ison-Pool/Getty

On his way to placing a wreath at Ground Zero.

PHOTO: Pool/Lucas Jackson/AFP/Getty

PHOTO: Pool/Lucas Jackson/AFP/Getty

This is the first official visit to the US by the Prince, his first as a child was technically considered a private event.

To view any of several videos showcasing the Black Watch, Mr. Figueras and the Polo fragrances he fronts, click here.

Now finally, we say adieu.

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Filed under Gossip Girl, nautical, Preppy clothing & brands, Preppy Fashion, preppy lifestyle, Preppy People, Pretty in Pink

An Award for Lilly & Preppy Sales Abound

Hello-Hello! Might we inject a personal note here and say we are ever-so-happy to be back home at the Prepatorium. New York is always fun, but being home at the Palace brings a smile to TP’s face.

Our trip to the Stationery Show was fun and frenzied, with just enough social activities thrown in to keep us re-applying the lip gloss.  We saw loads of new goodies we think you will love, including some divine designs for the Fall and holiday seasons that we shall be adding to our Lilly Pulitzer Stationery and Gifts Collection.

On the agenda? Fireplace matches (you know, the really long ones the houseman uses), cookie cutters, and…. (insert dramatic music here), 2010 Calendars! There will be both desk-top and wall calenders that you are simply going to adore. Many readers will remember we offered pre-ordering of the Lilly Stationery merchandise prior to this spring’s launch; we will provide that same opportunity with these new treasures.  Just sign up for our Lilly Mailing List at PreppyPrincess.com.

As we are speaking of Lilly Pulitzer, fans will be pleased to learn she received the prestigious Spirit of a Woman Award from the American Apparel and Footwear Association.  The award presentation was last week in New York, and Isaac Mizrahi did the honors, wearing pink loafers in honor of the designer:

PHOTO:

PHOTO: John Aquino/WWD

It is clear Mr. Mizrahi thinks highly of Lilly’s impact on American style:

“I think that Lilly Pulitzer is the most important American designer ever. Her work has influenced American designers and international designers. If you are wearing a Lilly Pulitzer dress, they can tell. Whether it’s in Palm Beach or in Milan, in New York or in Russia, it doesn’t matter where you are wearing that dress. They know, it’s Lilly Pulitzer.”

Unfortunately Lilly was not able to attend; the award was accepted on her behalf by Lilly Grand Pooh-Bah Scott Beaumont, accompanied by another Lilly exec, James Bradbeer Jr.

PHOTO: John Aquino

PHOTO: John Aquino/WWD

BTW, the Lilly Brooke Shields Tunic and Swimsuit were featured on the Today Show yesterday in a segment about beachwear and swimsuits.

Courtesy NBC/Universal

Courtesy NBC/Universal

And in a final note, we have added the Lilly Pulitzer Dry Erase Boards to the store, an outstanding addition to your palace, equally wonderful as a gift!

The Boards are available in Animal Crackers, Cabanarama, Juice Bar and Bees Knees Patch.

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It will come as no surprise that just about every retailer is having a sale or discount promotion of some sort as we approach the holiday weekend. Burberry tops today’s list of just such establishments.

Burberry

Burberry

There is a substantial amount of merchandise available in the ‘Sale’ category online, no surprise in light of the company’s continued underperformance.

Invite-only shopping site Rue La La has Vineyard Vines on sale through tomorrow.

They also have a Kate Spade sale underway.

Both sales end tomorrow (Thursday, 5.21.09) at 11am; if you need an invite to ‘join’ the site, just email the Princess: thePreppyPrincess@mac.com.

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J. Crew is promoting a sale at their Factory Stores, running today through Memorial Day.

We predict Crew will have a “Take an additional 20% off” discount offering within the next week to 10 days.  We’ll share the Silk-Linen Sweater as today’s Pretty in Pink:

The sweater originally retailed at $59.50; it is now selling at $49.50 or $39.99, depending upon the color.

The Nordstrom Designer Sale is underway as part of their storewide Half-Yearly Sale event.

Nordstrom Designer Sale

Nordstrom Designer Sale

And Barney’s Private Sale continues.

private_summer_01

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We want to share a few quick updates to previous posts:

  • The Gossip Girl spinoff on the CW is officially a non-starter. Many thanks to those who let us know it was not happening.
  • Something definitely supposed to happen, Gossip Guy Chace Crawford has been named to star in the remake of “Footloose,” according to the Hollywood Reporter.

We’ll have more on the Stationery Show in our next post. Until then – smiles!

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Filed under Gossip Girl, Lilly Pulitzer Paper & Gifts, Preppy clothing & brands, Preppy Fashion, preppy lifestyle, preppy stationery, Sales & Savings, Updates

Monday Musings, A Touch of Madras & Seersucker

Hello and Happy Monday! Or is that an oxymoron?!

We begin with something ever-so-fun in pink and green, TP’s favorite color scheme! It all started with this pretty box arriving in the mailbox.

Beautiful Box

As a rule, we are not prone to discussion of our personal wardrobe other than occasional generalizations regarding a retailer or designer, with an oblique mention of something being featured that we may own.  (What could be more tedious?) However, today we make an exception to share this:

Our new nightie by Lilly Pulitzer comes compliments of the delightful Mindless Musings; we were partners in the Pajama Swap organized by The Landlocked Mermaid.  For those of us fond of bows and grosgrain ribbon, look at the trim on this treasure:

The bows adorn each side of the hem, cute as can be. We send a giant ‘Thank You’ to Miss Mindless Musings, we love our Lilly, as it also has a high snuggle factor!

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Speaking of public ‘Thank You’ sentiments, we simply have to send an appreciative greeting to the one and only Muffy Martini.  Muffy is doing her final Official Blog Birthday Giveaway, and here is what you can win:

MuffyMartini.Blogspot.com

MuffyMartini.Blogspot.com

Muffy is giving away some Lilly Pulitzer goodies from our little shop, all of them in the Loco Patch pattern.  The Giveaway prize includes 9 items, from plates and napkins to matches and reuseable glasses, everything you need to host a summer soirée. We’ll stop nattering on about it so you can pop over and enter at Muffy’s blog!

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We have a few Sales & Savings reminders for those still working on wardrobe issues. The Land’s End specials end tonight at midnight; the company is offering 25% off swimwear and up to 40% off loads of other items. Shipping is complimentary with no mandatory expenditure.

Also, eLuxury is taking an additional 40% Off all Sale items.  And Designs by Paige is offering some excellent deals, with several styles of their amazing needlepoint shoes on sale, including the Pink Flamingo Mule, as well as the Hot Pink Ultra Suede Ballet Flats.

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Burberry continues their Friends and Family Sale with 30% markdowns on ‘select merchandise.’

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Since we are discussing pink and green, we must recommend a fun and fabulous site we stumbled into: Pink & Green Scene. Talk about Prepalicious – the site is just delightful, featuring a pink and Green item every day!

Erin does an excellent job searching out things in our favorite preppy color combo; such a great job the blog is part of a big mention in a story about decorating blogs that ran in the Financial Times.

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Those who follow us on Twitter may recall have already seen this, but we wanted to share a quick screengrab from SpreadTweet, the program that makes a Twitter screen look like a spreadsheet.

Created to protect those Tweeting at the workplace (gasp!) from possible detection and discipline.

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We thought the changing seasons dictate a bit of seersucker and madras; we begin with the madras polo from a preppish stalwart, Fred Perry.

Courtesy Fred Perry via HighSnobiety.com

Courtesy Fred Perry via HighSnobiety.com

However… this is more of a Madras Mistake than a “must have” item for yours truly.  The madras print (more of a faux madras IOHO) is actually applied to the fabric through a digital process. Our thanks to High Snobiety for the original tip on this, as well as a look at the 100th Anniversary Polo, seen below.

Courtesy Fred Perry via Hypebeast & HighSnobiety

Courtesy Fred Perry via Hypebeast & HighSnobiety

We like this model much more! Our *only* concern about the classic polo look is the logo, which appears to be on steroids. Or is that just our imagination?

Speaking of madras, how cute are the Polo Ralph Lauren shoes for little girls at Saks? The Gill Fisherman Sandals are sized for Infants, Toddlers and Girls.

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Springtime also has us thinking about seersucker here at the Prepatorium. We are simply gaga over the Florence Eiseman Infant shortall in seersucker with the matching tee.

We also love the clean, classic lines of the E. Land Seersucker Dress at Saks in Toddler & Little Girl’s sizing.

Frankly, it’s so sweet it qualifies as a Pretty in Pink for today. Also in the PIP group, one bright and beautiful car for the original Princess of Pink, Barbie.

Courtesy Photos via Luxist & Autoblog

Courtesy Photo via Luxist & Autoblog

Created in honor of Barbie’s 50th Birthday, Fiat and Mattel collaborated on the one of a kind dream machine and unveiled it last month.

We have a brief personal note today: Landlocked Mermaid lost her grandmother Friday and we wanted to let her know we are all thinking of her and keeping her in our prayers as we send her a big cyberhug.

With this we say G’bye until tomorrow!

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Filed under Lilly Pulitzer Paper & Gifts, Logos, preppy, Preppy clothing & brands, Preppy Fashion, preppy lifestyle, preppy stationery, Pretty in Pink, Sales & Savings, When Preppy Goes Wrong

Is Luxury Dead? Lower Prices for J. Crew? Is 60% Off the New Black?

DISCLAIMER: The following report is rated M for Mature; it descends to new lows in its frequent and flagrant use of the M word (money) and it is intended only for adult readers.

MPAA

MPAA

Everywhere one looks there are stories about “the death of luxury.”

JP Morgan recently called upscale retailer Saks Fifth Avenue “the Gucci Blue Light Special,” referencing the deep discounts they have taken this fall. Below, the company’s sale page on their website.

Saks Fifth Avenue

Saks Fifth Avenue

The International Herald Tribune (as well as the NYT) ran a story Monday, “Luxe is losing its edge,” with the focus on struggles facing high-end jeweler Bulgari.

Courtesy Bulgari

Courtesy Bulgari

The story also talks about stores cutting back on expansion plans, like Burberry, Cartier, Saks and others.

The “Sale” notices do continue to pour in via both email and standard mail, many from establishments one would never associate with such aggressive price cuts, like this one from Barneys:

Barneys New York

Barneys New York

Previously, *if* for some insane reason stores felt forced to discount at this level, they hoped and prayed it would not negatively impact their image as purveyors of luxury goods.

We cannot remember the last time (if ever) we saw Burberry Prorsum selling for 60% off their original price, as is the case with the Empire Cocoon Coat.

Burberry Prorsum Cocoon Coat

Burberry Prorsum Cocoon Coat

Not everything at Burberry is marked down at that level; this children’s Argyle Sweater is “only 30% off.”

Burberry

Burberry

The same is true for the children’s Wool Duffel Coat:

Burberry

Burberry

There is even a post at Vivre Magazine online asking if “60% Off is the New Black?” The story raises the question that TP considers the elephant in the room for retailers:

“As stores slash and cut their prices just to hear the cash registers ring, you wonder if consumers will ever want to pay for full price for anything ever again. When this is all over, will any customer actually walk into ANY store and still look at Prada wallets and other designer handbags that used to be kept behind glass and are currently on tables and bins, the same way again?”

The Times ran a story in November “In Hard Times, No More Fancy Pants,” quoting one of our favorite authors:

“The era of conspicuous consumption, at least for the foreseeable future, has come to a close,” said Paco Underhill, the author of “Why We Buy,” which explores the science of retail.”

In yesterday’s WWD a story made the case that “Flaunting Days Are Over as Consumers Cut Back.

The story by Sharon Edelson does feature an amazing Graff necklace that we simply had to share:

Graff Courtesy Photo

Graff Courtesy Photo

The piece is a little over the top in our estimation (this is where Great Aunt Molly would lower her voice and whisper ‘New money sweetie… you know what I mean.”).  Actually, the story channels GAM in a remarkable fashion:

“Logos are becoming less important, said Pedraza, noting that customers are starting to ask for unmarked brands. “People want very understated products,” he said. “They want to consume privately.”

“While people with new money tend to define themselves by their labels and what they spend, the rules are changing. People want to buy more classic luxury at better prices. They don’t want to be the people who are showing off.”

For many readers this is not exactly breaking news. How are you reacting? Are you simply purchasing necessities and/or discretionary items as desired, or waiting for markdowns? Or perhaps a mix of both…?

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While not considered a luxury retailer, J. Crew has also been in the news.  As reported on the WSJ Holiday Sales blog, J. Crew CEO Mickey Drexler said:

“J. Crew is trying to adapt, he said, by making small investments in new concepts, implementing a hiring freeze… looking at lowering opening price points for its crewcuts kids line.

Did everyone notice the hiring freeze? We almost missed it upon reading about Crewcut prices, but it was noted in a story on GlobeSt, a real estate website:

“J. Crew has initiated a company-wide hiring freeze Drexler revealed, even during the holiday season… If someone wants to hire someone, someone’s got to leave,” Drexler said.”

Regular readers will remember Mr. Drexler’s comments shared in this post about lowering price points on some adult merchandise. Speaking about the overall climate for retailers:

“I’ve never seen anything like this in my life…”

“Right now we’re all a little afraid,” he said. “If there’s anyone getting up in the morning and not saying ‘uh oh,’ then I’d like some of that medication.”

If Mr. Drexler locates a source for those meds we hope he brings enough for the rest of the class.  If not, we fear we shall be forced to make do with a little Prozac latte.

Indeed.

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Filed under Argyle, Logos, preppy, Preppy clothing & brands, Preppy Fashion