Via The Australian:
Myer has pulled the trigger on its mid-season stocktake sale, earlier in the week than last year, in signs that fashion and apparel retailers could be about to panic and release a deluge of sales to rid themselves of unwanted winter clothing in the face of the warmer start to the colder months.
The nation’s biggest department store (MYR) issued its announcement this afternoon that it was about to raise the curtain on its midwinter season sale with discounts of up to 70 per cent expected to help clear its shops and warehouses of winter jackets, gloves, jumpers and coats as warmer weather across the east coast ruins sales of traditional cold weather fashion.