MIAMI (CBS4) – It’s a shopper’s paradise at the GiltCity.Com Warehouse Sale in downtown Miami.

Thousands of items are up for sale from the website that offers deep discounts for designer merchandise.

“A lot of people have a favorite brand on Gilt Group they like to shop, but not everyone loves to shop online for that brand – so they can come here see the products, feel the products – on top of that, everything is 80% off MSRP,” Lauren Perry, Senior Curator at GiltCity.com, said.

Fresh from the fashion runways are the latest trends and names, like a two piece Valentino suit that can be worn together or as separates, and fur vests are the rage. They range in price from under $100 to $499 for a dip dyed piece, originally priced at $4800.

“We’re seeing this from dip dyed colored furs, animal prints, and fur is the hottest trend,” Said Lauren.

A vest priced around $150 can be worn four ways: open with jeans, belted, then over a leather jacket and again dressed up over a cocktail dress.

A Nanette Lapore top is under $50, while a couture Valentino is $499. The original price? $2,700.

Shoppers will find thousands of items, including luggage, golf bags home goods shoes, bathing suits baby clothes and handbags. Again 80 percent off.

A high-end oversized mink Marc Jacobs bag is $1,500—originally $5,000.

It’s perfect timing for holiday gift giving, even if you’re not in the market for something for yourself.

For exact location and times of Saturday, November 12th’s shopping event visit www.giltcity.com