The retail sale season in Los Angeles has been unprecedented this year. Due to the current state of the Writer’s Guild Strike, much more desirable items have been making it onto the sale racks at Barney’s and similiar, higher end boutiques. I know its awful to prey on other people’s misfortune and there’s a lot of murmuring about how we are on the onset of a national recession, but all the more reason to stock up on luxury fashion items at a third or a quarter of the regular price. It may be awhile before we can afford them and retailers will most likely be ordering less of them to compensate for this over stock we are experiencing.
A majority of the luxury items i drool over are made or imported from Europe. As we all know, this past year, the Euro dollar to US dollar conversion has been at an all time high. Those of us in the consumer world have definitely felt the repercussion of that. Paris made shoes, Italian handbags and designer furniture and housewares are all experiencing a price increase, whether it be enforced my manufacturer’s or good old conversions rates. Last year, YSL handbags went up about $200 a piece. I remember when a pair of Christian Louboutins were somewhat affordable when they went on sale. Now they start at an average of $700 onward. These price increases are about 20% higher than what we are used to seeing.
After cooking several decadent meals for family who all gathered for the Christmas holiday in Los Angeles this year to get out of the cold, the least I can do is buy myself a pair of Zanotti resort sandals, a derek lam clutch, and some other trinkets marked down 70% or more. These deals won’t last, but i will be glad to share with you some of the best deals in town.
That’s what i call well-heeled and well-mealed.