Our Premier Brands will no longer be part of our 30 and 60 day markdowns. Rather, we will continue to sell them for competitive prices reflecting current market rate. Like our competition, we plan to offer additional discounts on merchandise from these brands on a more selective and promotional basis.
WHY CHANGE THE DISCOUNTING APPROACH FOR THESE BRANDS?
Competition for the top fashion consignments is intense. Consignors have told us our markdowns are a factor in their decision whether or not to bring their very best pieces to us. We hope this strategy shift will help us to secure the best in luxury designer resale from our clients - so we can bring that merchandise to you.
Premier Brands pricing applies to consignments of these brands dated 10/8 or later. Markdowns are still available on items from some of these brands for merchandise consigned with us prior to that date.
SO, WILL ITEMS FROM THESE BRANDS EVER GET MARKED DOWN?
Yes! Promotional markdowns will still happen on these brands; just not on an automatic basis.
Any questions? Please reach out. Thank you, as always, for your support of North Shore Exchange.