It's Last Call at Reed Krakoff, With Discounts Reaching 80% Off

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Is this as low as Reed Krakoff is going to go? We thought that last week's 70% off discounts would be the dying label's swan song, but Mizhattan has noted that everything both online and in stores is now 80% off, finally making prices cheaper than last month's sample sale.

What you'll find, though, is pretty limited. The shopping blog reports that handbags are all but sold out online, so the best bet is to head to Madison Avenue (or Woodbury Common, if you can swing it) if you're looking for last-minute deals. The outlet is scheduled to close on July 2nd, and while Madison Avenue hasn't yet announced its final day of business, it's almost certain that the doors will close before the end of the month.