^ Their shoes and clothing sale started a while ago (40% -> 50% -> 70%). I remember seeing mark downs when I was there in October & November. I'm told that bags are never included in seasonal sales.
Every now and then, a certain store marks down bags from past seasons (very old styles get sent to a central location). Selma bags (NY's $200 sale) are from Fall 2005, Wonder & Cinched Tote (included in NY's last $200 sale) are from Resort 2004. Boston store's 70% off sale (last May) included not-so-hot items from Resort 05 (QUILTED DENIM, PERFORATED LEATHER, SATIN) and Spring 06 (ABELYN, GABARDINE, MILITARY, SIXTIES, URSULA Lee, some SOFT CALF).