Ladies, there's a great opportunity in aisle 4! Clothing is not selling, especially some of the upscale brands. A lot of aspirational lines are being discounted, which means you can buy big-name designers for less. Markdowns are happening earlier and shipments are being diverted to off-price retailers like TJ Maxx, Ross Dress for Less and others.
The Wall Street Journal reports that people of all income levels are cutting back on buying clothes, except for the ultra-rich.
If you're looking for deals on brands like Prada, Fendi, Gucci and more, Clark suggests you check out
BlueFly.com.