Starting January 11, select Ron Herman and merchandise will be marked down 50%. That includes top designers like Proenza Schouler, Marc Jacobs, Missoni, Karl Lagerfield, Mayle, Wyeth and tons more. The last week of January, all remaining merchandise, if there is any, will be marked down to 75% off. This only happens twice a year so if you miss this one, the next one is not until September.