What: Asos, an online store with designer merchandise for men, women and beauty products, is opening a discount online store. The offshoot will be called Asos Red and it’ll be launched in early autumn. They’ll sell names like Ted Baker, Diesel, Ralph Lauren, and Religion at a 75 percent discount.

What We Say:
This is so exciting! We’ve browsed Asos before but couldn’t afford the prices. Now, they’re sharing the wealth with budget-minded people like us. Their style is very city-chic and edgy. Asos has an option to search by your favorite celebrity/style icon—we hope Asos Red continues that neat tool.

Pictured: A sample of what you can find at Asos—hopefully there’ll be similar great finds at the new store. Skirt, $54.08