SCMP Tuesday, August 28, 2001
Luxury goods a steal as shopkeepers cut profits
The best bargains - up to 80 or even 90 per cent off - can be found at jewellery, clothing and footwear stores.
These retailers, especially those selling luxury goods, are feeling the economic pinch more than others, and a quick scan of stores in Causeway Bay and Tsim Sha Tsui yesterday found price-cutting at its most cut-throat.
Some of the best buys include:
- Fendi blue suede pointy-toed shoes: $2,480 down to $500;
- Miss K pink polyester skirt: $465 to $69;
- Bally initial "B" black leather handbag: $3,190 to $1,200;
- Aigner brown leather two-strap handbag with zipper: $6,180 to $1,854;
- Michel Rene men's linen blend jacket: $1,550 to $300;
- South Sea pearl ring set in 18-carat white gold surrounded by 1.3 carats of diamonds: $55,300 to $11,800;
- Burmese jade pendant set in 18-carat white gold: $18,450 to $3,000;
- Sharp CD and tape player: $3,590 to $1,750;
- Melitta espresso machine: $1,280 to $760;
- Fortress brand three-speed fan: $339 to $169.