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Reed Krakoff announced on March 12 that the company is suspending all future design and production operations, and simultaneously kicked off a 40% flash off sale on new arrivals that weekend. Now, everything on the Reed Krakoff website is 50% off. That includes new styles, full-price items, and markdowns. Some styles are sold out, but it looks like there is a lot of merchandise is still available. Just know that all sales are final with no returns or exchanges.