Tips for New York Fashion Week

by Andrea Woroch

During New York Fashion Week, style setters and fans flocked to the Big Apple to establish how we're going to dress for next spring. While it may seem silly to begin thinking of color pallets and mini vs. maxi dresses, now is the time to snag looks still on sale from summer 2011 that will translate into 2012.

For example, Marc Jacobs showed bold colors in a minimalistic style for next spring. The grand dame of New York fashion, Diane von Furstenberg, splashed her runway with brilliant whites and light greens paired with beige. All can be found at post-summer sales and repurposed for next year.

Here are six other ways to save on luxury looks.

1. Shop Sales

Check out flash-sale websites like Gilt Groupe, which feature designer duds for 50- to 70-percent off. Returns are accepted on most merchandise, but make sure to read the site's policy before asking your parents to make the purchase. That way you don't get stuck with ill-fitting goods.

2. Consignment Shops

Second-hand stores dedicated to designer fashion are popping up in many major cities. You can also find gently used fashion online at Plato's Closet, where you can sell your undesired clothes as well. As with traditional retailers, consignment shops are selling off last summer's clothing and accessories.

3. Use Coupons

Don't dismiss the cost cutting potential coupons offer. Even high-fashion retailers these days rely on money-saving vouchers to attract new customers. Try signing up to receive emails from some of your favorite stores. Many retailers offer a weekly deal! Also check out FreeShipping.org before making any online purchases, many sites post coupon codes.

4. Swap

Coordinate a clothing swap with friends! Make sure it’s a friend you trust to take care of your things if it’s just a temporary trade.

5. Follow the 30/70 Rule

Maintain a wardrobe that's roughly 30 percent trendy and 70-percent staple pieces that won't go out of style. You then won't feel the need to restock your closet every season but can still mix and match to recreate the latest looks.

6. Designer Collaborations

More and more high-fashion designers are collaborating with stores and discount retailers to offer exclusive and affordable collections for everyday shoppers. Check out Harajuku Mini by Gwen Stefani at Target beginning November 13. This clothing line is unique because it was inspired by children’s clothing from Japan.

Andrea Woroch is a nationally recognized media source, featured among top news outlets such as Good Morning America, NBC's Today, MSNBC, New York Times, Kiplinger Personal Finance, CNNMoney and many more.