MrBern
I'll Lock Up
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http://www.nytimes.com/2009/03/12/fashion/12lost.html
If consumers learned anything during the Christmas shopping season, it was that if they sit on their wallets long enough, they could eventually snap up elite brands for fire-sale prices.
“What’s flowing into stores this spring and summer reflects expectations from nine months ago, which were not low enough,” said Ms. Widlitz, who works for Pali Research in New York.
That means more discounts are on the way, though they will not be as stunning as those at Christmastime.
“That’s not going to happen again in our lifetime,” said Marshal Cohen, chief industry analyst for NPD Group, a retailing consultancy.
...fashion companies were incensed during the holidays when their prestige labels were being sold at bargain-basement prices...