It's that time of year again: the Nordstrom Anniversary Sale is finally here. If you have shopped this sale before, you know how glorious the whole event is. If you haven't yet, let me clue you in. Starting July 12and running until August 5, the department store's biggest sale of the year drops some epic deals. Nordstrom cardholders get a special early access to the over 450 beauty exclusives and markdowns as a part of the store's longest-running traditions, going all the way back to the '60s. It's not your typical beauty sale either where the store marks down older season products they're trying to get rid of. In fact, Nordstrom launches new products, sets, kits, and exclusives just for the Anniversary Sale and discounts them for a limited time before they return to their retail price in stores and online on August 5. Still not convinced? We rounded up some of our favorite beauty picks from the pages of sale items. If you're not a cardholder, however, you'll have to wait until July 20 to shop.