Adjacent to the Bristol Hotel, one of the most expensive addresses in Paris, is one of the city's premier boutiques for women who want to purchase heavily discounted clothing (new, with labels intact) from some of the world's best-known fashion designers. Expect discounts of up to 50% on last year's collections from such artists as Valentino, Thierry Mugler, John Galliano, Chanel, Versace, and many more. Your find might be what a model wore down the runway at last year's fashion show, excess inventories from factories that -- for whatever reason -- never got paid, or overstock from boutiques looking to make room for new inventories. Prices are reasonable and the labels, in many cases, still retain their old magic and sense of chic.