Gucci renews lease in Trump Tower

first_img Tags Full Name* Contact Sasha Jones Donald TrumpFifth Avenue RetailRetailtrump organizationtrump tower Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Gucci at Trump Tower (Getty)Some businesses have attempted to disaffiliate themselves from Former President Donald Trump. Gucci is not among them.The luxury fashion house recently renegotiated and extended its lease at Trump Tower on Fifth Avenue, the New York Times reported, citing unnamed sources.In exchange for extending its lease beyond 2026, the retailer received a reduction in rent.Representatives for Gucci and the Trump Organization declined the Times’ requests for comment.At the Trump Organization’s 6 East 57th Street, there’s a bigger issue. Tiffany, which took over Nike’s space, is planning to return next year to its Fifth Avenue flagship, which is being renovated. That leaves the Trump Organization with the difficult task of finding a tenant for the 74,000-square-foot space. Wharton Properties and SL Green Realty had taken over the lease but will not renew it.Amid a pandemic that compounded a slump, brick-and-mortar apparel and luxury retailers are pondering the future of their costly flagships, which have often served more as advertising than as points of sale.At the same time, a number of businesses are cutting ties with the Trump Organization, among them Cushman & Wakefield, JLL, Deutsche Bank, the Girl Scouts of Greater New York and Signature Bank. The city of New York announced it would cancel its contracts with Trump, although most were about to expire anyway.[NYT] — Sasha JonesRead moreTrump Org has big retail vacancy loomingNeiman Marcus committed to 50 years at Hudson Yards. It lasted 16 months.Trump Tower trouble: Doctor slashes prices on condo investments Message*last_img read more

British Baker Saturated Fat Round Table Debate

first_imgDate: Wednesday 30th March 2011Venue: Leatherhead Food Research, Leatherhead, Surrey, KT22 7RY>> location and map for Leatherhead Food Research What are the technical, cost, time and resourcing issues facing bakers tasked with reducing sat fats?In 2009 British Baker organised a meeting between craft bakers, manufacturers, fats and oils suppliers and the Food Standards Agency (FSA), to give voice to the technical challenges in meeting proposed saturated fat reduction targets. Eighteen months on and a new government is in place, the regulatory landscape has changed, and the FSA’s nutritional role has shifted to the Department of Health.This follow-up meeting will draw key retail and manufacturing professionals in the bakery industry together to explore how the sat fat reduction agenda is developing. Following the meeting, British Baker will present the industry’s views to the Department of Health to help its food reformulation programme.Discussion points:How difficult is it to reduce saturated fat without compromising the quality of your products?What % reductions should be targeted? Is a blanket approach feasible?Should certain treat products such as indulgent cakes and butter pastries be exempt from the process?What if the baker also offers a healthy alternative? What are the differing challenges facing large and small suppliers and brands?Do credible fats, oils and ingredients alternatives exist in the marketplace?Given labelling restraints, what are the marketing incentives for brands to reduce saturated fat?Is sat fat reformulation the right strategy to tackle obesity and nutrition issues?What is a credible timescale to achieve sat fat reductions in light of resourcing and cost constraints?Agenda09.00-09.30 Registration and coffee09.45-09.50 Welcome, Sylvia Macdonald, editor, British Baker0950-10.00 Introduction, chairman, Geoff Talbot, ‘The Fat Consultant’10.00-10.10 Presentation10.10-11.00 Discussion (includes coffee)11.00-11.10 Presentation11.10-12.30 Discussion 12:30-14:00 Networking LunchReserve your free place today!To reserve your FREE place call:Rachael CannonTel: 01293 610433email: [email protected] are strictly limited to manufacturers and retailers only and will be allocated on a first come first served basis. (Suppliers may attend only if sponsoring the event). Sponsored by:last_img read more