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Degage, 2246 N. Clark St., 935-7737. Now through Christmas, this women`s boutique is reducing prices 30 to 50 percent on contemporary designer lines such as Joan Vass, Nicole Miller, Tomatsu and Vanda Mazzeo. Find handknit cotton and wool sweaters that were $150 to $205, now $85 to $150; Todd & Co. washable silk separates were $150 to $300, now $80 to $200; and Lanna leather and suede jackets and pants were $360 to $550, now $175 to $385.

ANTIQUE JEWELRY

Little Gems, 871-7017, by appointment only. Celebrating its 10th anniversary, this antique jewelry shop is offering 40 percent off all merchandise now through Dec. 31. Find a ruby and diamond bar pin that was $250, now $150; a citrine and pearl pin was $480, now $288; an amethyst pendant was $295, now $117; rings in 18-karat gold with sapphires were $265, now $159; and much more jewelry, all 100 years old or older.

WOMEN`S WEAR

City, 361 W. Chestnut St., 664-9581. While quantities last, this shop is offering 30 to 50 percent off fashions by Joseph Tricot, Joseph Pour la Ville and Joseph Bis. Find suits and separates in cashmere and handknits regularly $500 to $750, now $250 to $375, or in lambswool and wool knit that were $160 to $750, now $112 to $525.

ANTIQUE FURNITURE

Crost Since 1898, 208 W. Kinzie St., 527-3666. Now through Dec. 31, this shop, which is normally open only to interior designers, is opening its doors to the public and offering savings of 10 to 20 percent off regular retail prices on antique furniture, reproductions and home accessories, including pine tables, hutches and armoires fitted with entertainment centers or wet bars.

MEN`S LOUNGEWEAR

Innuendo, 49 E. Oak St., 649-0086. Now through Dec. 19, this men`s loungewear shop is offering 25 percent savings on holiday gifts, including slippers imported from Italy in leather and exotic skins that were $120 to $265, now $90 to $198.75; silk pajamas and robes that were $110 to $165, now $82.50 to $123.75; and smoking jackets in suede, cashmere or silk that were $400 to $800, now $300 to $600.

WOMEN`S, MEN`S FASHIONS

Toshiro, 3309 N. Clark St., 248-1487. While quantities last at this men`s and women`s traditional Japanese and contemporary designer clothing boutique, find Awear`s crinkle nylon trousers for women that were $120, now $70; and black wool or corduroy and nylon jackets that were $340, now $200; Tous les Calecons` French cotton undergarments that were $66 to $72, now $45 to $50;

Marilyn Forbes` oversized mock turtleneck wool sweaters that were $150, now $105. For men and women, find vintage Japanese kasuri cotton kimonos that were $110 to $195, now $75 to $135; cotton indigo tradesmen`s jackets were $75 to $90, now $50 to $60; selected handwoven cotton jackets were $70 to $150, now $49 to $105; and baseball shirts were $30 to $45, now $22.50 to $33.75, small sizes only. Accessories include Daniel Silver`s leather gloves that were $62 to $72, now $49 to $57; hats were $45, now $32; and selected jewelry by Bev Overton, Nancy Shapiro, Bijoux Bijoux and others is 20 to 30 percent off.

NEW ENGLAND ANTIQUES

Especially Maine Antiques, 231 Robert Coffin Rd., Long Grove, 634-3512 Through the end of the month, find 20 percent off all merchandise throughout the shop, including New England antiques and accessories such as glassware, linens, prints, books and antique jewelry.

WOMEN`S CLOTHES

Terri D. Ltd., 59 E. Oak St., 787-9600. Through Dec. 24, this women`s clothing boutique is offering a 30 percent discount on all leather and suede items and selected fall and holiday merchandise, including Eleanor P. Brenner gabardine, knit and silk separates that were $168 to $538, now $118 to $337;

Donna Parker wool jersey pieces in charcoal, winter white, black and silver gray that were $102 to $332, now, $72 to $232; Crisca pastel flannels were $115 to $495, now $81 to $347; Andrea Jovine wool jersey and suede items were $112 to $242, now $78 to $169; leathers and suedes by Vakko, Mary Dzenutis and Novello-Bloom were $250 to $995, now $175 to $695.

DESIGNER WEAR

Kappie Designs Ltd., 300 W. Grand Ave., Suite 400, 644-6162, and Christine Goldschmidt Designs Ltd., 644-3020, are having a pre-holiday sale on merchandise while quantities last. From Kappie Designs, accessories displaying a red dot are an additional 20 percent off wholesale prices, including selected earrings, ivory rings, neckwear and belts. From Christine Goldschmidt Designs, find wool jersey dresses in jewel tones that were $200, now $98; wool jersey tops, skirts and pants were $90 to $104, now $45 to $52; and coordinating cardigan jackets and dusters were $130 to $160, now $65 to $80;

brown jersey dresses were $130 to $144, now $65 to $72.

KIDS` CLOTHES, PHOTOS

My Own Two Feet, 2148 N. Halsted St., 935-3338. Through Dec. 31, this children`s footwear and clothing boutique is featuring a colorful ”banana split” two-piece sweatshirt outfit by Tickle Me that was $47, now $32.90;

mitten and scarf sets in pale pink and mint green by Delfino were $32, now $20; and a basket of assorted stockings were $1 to $12, now 50 cents to $6. With the purchase of $30 or more, this store and Apple Portrait Studios are offering one free 8-by-10-inch color portrait valued to $50 and one free in-home sitting. The offer is good for six months from date of purchase.

ACCESSORIES

Silver Star in Silver Scissors Salon, 1829 Waukegan Rd., Glenview, 729-7827. This accessories boutique features sterling silver jewelry and handbags at discount prices. Find several styles of onyx and sterling silver cuffs that were $155 to 185, now $100 to $135; onyx and sterling silver earrings were $40 to $50, now $25 to $35; and family heirloom sterling silver Christmas ornaments valued at $90, now $39.95.

PACKAGING SERVICES

Pro-Pak, 527 Dundee Rd., Northbrook, 272-0408. Now through Dec. 24, this packing and shipping company is offering a 10 percent discount on all packing charges and on a selection of more than 50 sizes of corrugated cartons.

INTIMATE APPAREL

Schwartz`s Intimate Apparel, 945 N. Rush St., 787-2976, and 9409 W. Oakton St., Skokie, 677-5828. Now through Jan. 15, this lingerie shop is featuring 20 to 50 percent off many items, including some from Bali, Carnival, Olga, Warner, Vanity Fair, Vassarette, Maidenform, Goddess, Formfit Rogers and Lily of France.

MEN`S AND WOMEN`S WEAR

Russo, 2209 N. Halsted St., 348-8588. This men`s and women`s clothing store is having its annual holiday sale featuring 20 to 40 percent off its entire fall, winter and holiday collections, including couture and sportswear collections by Jean-Paul Gaultier and Moschino. Some outerwear and accessories are 20 to 50 percent off.

CASHMERE ITEMS

Scott Adie Ltd., 542 Lincoln Ave., Winnetka, 441-7087. Now through Dec. 31, this shop is offering cashmere imported from Scotland for men and women, including men`s two-ply V-neck sweaters that were $245, now $190; two-ply turtleneck sweaters that were $250, now $210; for women, long two-ply cardigans, were $320, now $285; and cowlneck sweaters were $290, now $235. –