What: There have been all kinds of rumors about the future of Saks over the past year, especially with the recession beating down luxury brands of late. Well, word has gotten out that Saks
will indeed cut back some of its prices. Even select products from Prada and other upscale brands will go down in price. This, of course, is happening all while Saks
struggles to save its high-end image.
What They Say: “Prada is now selling a $700 handbag, versus their lower- priced one being $1,000 … At Christian Dior, an entry price handbag was about $1,500. If you look to this fall, you are going to see Christian Dior sell a $950 handbag,” [Saks CEO Steve Sadove] added.
What We Say: Great, a $700 handbag instead of a $1,000 one. Let’s get out our credit cards now! (just kidding).
Have you been to Saks recently? Are there more affordable options than there was before?
Founded in 2003, TBF is a fashion blog dedicated to helping you live your best for less. We give you the 411 on the latest fashion trends & tips and sample sales. 
{ 2 comments… read them below or add one }
I shop Saks online, and I must say they always have good sales. Not only are items marked down to 40% off, but they have re-occurring extra discount days where it’s possible to save up to 70%.
I recently made a visit the outlet version of Saks [Saks Fifth Avenue OFF 5TH]—and their prices are pretty good.
Regina Thomas Q’s Wire