Trump Tower Retailers Face Dark Days Ahead For Holiday Season

Donald Trump ran a campaign focused on reviving the American Dream, but for many of the President-elect’s tony retail neighbors on Fifth Avenue, life has become a nightmare adjacent to his eponymous tower. “We’re beyond slow,” said a salesperson on a recent weekday afternoon at the 46,000-square-foot Gucci flagship located within Trump Tower. The three-story boutique opened in 2008, when it was reported that the annual rent was $16 million, and is Gucci’s most important store in the U.S., showcasing designer Alessandro Michele’s most extensive selection of clothing and accessories, and racking up $100 million in sales a year or more. Until now. Read more at Hollywood Reporter.

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