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☆ The pre-owned luxury watch market is thriving
▼ + stars: | 2024-04-24 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +11 min

Granted, the pandemic-induced second hand luxury watch boom peaked back in March 2022, but the market is still going strong, and price levels remain higher than pre-Covid times. “(They’re) a crucial demographic for the growth and evolution of the pre-owned and vintage luxury watch industry,” added Paul Altieri, founder & CEO of multi-brand online luxury marketplace Bob’s Watches. Don't be shy," said Dimepiece's Brynn Wallner of new buyers' potential nerves when it comes to luxury watch stores. How can you tell if a luxury pre-owned watch is the real deal? “Luxury watches of this caliber will go from one generation to the next to the next to the next,” he explained.

☆ Celebrity Bag Designer Sentenced to Jail for Smuggling Exotic Skins
▼ + stars: | 2024-04-23 | by ( Elizabeth Paton | ) www.nytimes.com time to read: +1 min

The handbag designer Nancy Gonzalez built a cult following among celebrities and the South American superrich thanks to her use of brilliantly dyed precious skins. Now Ms. Gonzalez, 71, is facing considerable time in bright orange coveralls. On Monday, she was sentenced to 18 months in prison after pleading guilty in a Miami federal court to charges of smuggling hundreds of handbags made from the skins of protected wildlife into the United States from her native Colombia. Prosecutors said that the handbags and purses, made from the hides of caiman alligators and pythons bred in captivity, were worth as much as $2 million. The designer’s lawyers said that the pieces were mostly samples and cost about $140 each, with only about 1 percent lacking the proper authorization to be brought into the United States.

Persons: Nancy Gonzalez, Bergdorf Goodman, Gonzalez, Nancy Tereza Gonzalez de Barberi Organizations: Saks, Gzuniga, New York, Prosecutors Locations: Miami, United States, Colombia, Cali , Colombia

☆ I visited Chanel's watches and fine jewelry boutique in NYC and saw why the brand is betting on in-person shopping
▼ + stars: | 2024-04-22 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

In February, Chanel opened a watches and fine jewelry boutique on Fifth Avenue in New York City. My destination was Chanel's watches and fine jewelry flagship, dedicated to exclusive and vintage jewelry from the brand. Anna Weyant and Eileen Kelly at the opening of Chanel's watches and fine jewelry store in February 2024. Amandla Stenberg at the Chanel watches and fine jewelry opening in February 2024. Visiting Chanel's watches and fine jewelry boutique is an experience, which you just can't get online.

Persons: Chanel, Peter Marino, Coco Chanel, —, Bergdorf Goodman, Robb, Saint Laurent, Samantha Grindell, Gilbert Carrasquillo, Anna Weyant, Eileen Kelly, Chanel's, Sean Zanni, Marino, Coco, Amandla Stenberg Organizations: Service, Tiffany, Chanel, Hollywood, Workers, W Locations: New York City, New York

☆ Big Biba: A look inside London’s famed 1970s fashion store
▼ + stars: | 2024-03-19 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +8 min

As the creative force behind the look of the wildly popular 1970s London fashion store Big Biba, Thomas knows a thing or two about engineering excitement. “An act of bravery”Interior designer Thomas had already designed Hulanicki and Fitz-Simon’s home and the third Biba store in 1968 before being approached about the landmark seven-level store. “Fitz offered me two floors (of Big Biba) but I wanted it all,” he recalled of his initial involvement. Tim WhiteWhile Wintour’s shopgirl life was short-lived, Big Biba’s staff were a vital component of the experience remembered Thomas. In 1969, the independent company sold a majority of its shares to another British fashion retailer Dorothy Perkins which, in August 1973 (a month before Big Biba opened), was then bought by a property development company called British Land.

Persons: CNN —, ”, Steven Thomas, Thomas, Barbara Hulanicki, Stephen Fitz, Simon —, Andy Warhol, Marcel Hennequet, “, “ David Bowie, Mick Jagger, Bryan Ferry, John Bishop “ Fitz, Ian Dury, Fitz, Simon, Singer Annie Lennox, Doreen Spooner, Daily, Martin Pel, Mary Quant, Anna Wintour, —, York’s Bergdorf Goodman, Simon’s, “ Fitz, Tim, Whitmore, Tim White, “ Biba, Barbara, Ken Russell’s, Biba, Hulanicki, Buckingham, Kasia, Dorothy Perkins, Pel Organizations: CNN, New York Dolls, Shoppers, Textile Museum, Street, Disney, Big, Buckingham Palace Locations: London, Kensington

NEW YORK (AP) — An attorney for a longtime advice columnist who won an $83.3 million defamation award against Donald Trump suggested Monday that a new defamation lawsuit was possible against the ex-president after he resumed verbal attacks against her at a weekend rally. “As we said after the last jury verdict, we continue to monitor every statement that Donald Trump makes about our client, E. Jean Carroll,” Kaplan said. Photos You Should See View All 60 Images“This woman is not a believable person,” Trump said Saturday. The trial judge instructed the jury that it was only to determine what damages, if any, Trump owed as a result of his 2019 statements. That jury, in awarding Carroll $5 million, also found that Trump defamed her with statements made in October 2022.

Persons: Donald Trump, Roberta Kaplan, E, Jean Carroll, ” Kaplan, didn't, ”, Carroll, Trump, Goodman, ” Trump, Democrat Trump, he'd, Al Capone, Bergdorf Goodman ”, “, Jill Covin Organizations: Republican, Trump Tower, Democrat, Trump, Carroll, Associated Locations: Rome, Georgia, Manhattan, New York, Washington

☆ Trump again attacks E. Jean Carroll, as he appeals rape defamation penalties
▼ + stars: | 2024-03-11 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Donald Trump on Monday once again denied writer E. Jean Carroll's rape and defamation claims against him, despite facing nearly $90 million in civil penalties over similar denials. Carroll sued Trump in New York federal court for defaming her, after he denied the rape claim and accused her of trying to sell books. In 2022, Carroll sued Trump a second time for battery and defamation relating to the alleged rape and a subsequent denial after he left the White House. A federal civil jury last May awarded Carroll $5 million in damages in that case after finding Trump liable for sexual abuse and defamation. In January, another federal civil jury in Manhattan ordered Trump to pay $83.3 million for defaming Carroll through the statements he made as president.

Persons: Donald Trump, E, Jean Carroll's, Trump, Bergdorf Goodman, I'd, Carroll, defaming Carroll Organizations: White, Trump, CNBC Locations: Rome , Georgia, U.S, New York, Manhattan

A New York judge on Thursday rejected a bid by Donald Trump to delay a $83.3 million civil defamation judgment in favor of writer E. Jean Carroll. Trump had asked Manhattan federal court Judge Lewis Kaplan to pause the latest Carroll case judgment until after he rules on post-trial motions. He later posted $5.6 million in cash as collateral while he appealed the jury verdict ordering him to pay her $5 million in that case. Trump last month was ordered by a state court judge to pay a $454 million judgment in a civil business fraud lawsuit filed by New York Attorney General Letitia James. But that soon could change if an appeals court declines to stay the judgment.

Persons: Donald Trump, E, Jean Carroll, Carroll, Trump, Lewis Kaplan, Alina Habba, Kaplan, Steven Cheung, Cheung, Zak Sawyer, Goodman, Letitia James Organizations: Greensboro Coliseum, Trump, Republican, Circuit, White, New York Locations: Greensboro , North Carolina, A, York, New York, Manhattan

Will Trump keep that up, now that he's been hit with a $83.3 million defamation judgment? A jury on Friday found that Trump had maliciously damaged Carroll's reputation in 2019 after she went public with her accusations. If both judgments stand, Trump would owe her a total of $88.3 million. THE FIRST TRIALCarroll sued Trump for defamation in 2019, saying his statements about her were false and damaged her reputation. The $88.3 million in judgments against Trump are actually less than what some of his supporters have faced in recent defamation cases.

Persons: Donald Trump, Jean Carroll, Will Trump, he's, Trump, Carroll, Goodman, Jean, District Judge Lewis A, Kaplan, ” Kaplan, Alina Habba, Habba, CARROLL, Rudy Giuliani, Alex Jones, Sandy, Giuliani, Jones Organizations: Trump, Elle, White, House, House . U.S, District, U.S, Supreme, TRUMP, Carroll, New, New York City, Elementary Locations: Manhattan, lacy, New York, House ., Georgia, Texas, Connecticut, That's

☆ In Trump’s Bitter, Yearslong Brawl with Roberta Kaplan, He Keeps Losing
▼ + stars: | 2024-01-27 | by ( Maria Cramer | Kate Christobek | ) www.nytimes.com time to read: +1 min

In October 2022, Roberta Kaplan flew to Donald Trump’s estate, Mar-a-Lago, in Florida, to question him under oath in the defamation lawsuit that her client, the writer E. Jean Carroll, had filed against him after she accused him of sexually assaulting her. “She’s not my type,” Mr. Trump said when he was asked if he raped Ms. Carroll in the mid-1990s in a dressing room at the Bergdorf Goodman department store in New York. Then he shrugged, looked at Ms. Kaplan and pointed at her. “You wouldn’t be a choice of mine either, to be honest with you,” he said, according to a transcript of the deposition. “I would not, under any circumstances, have any interest in you.

Persons: Roberta Kaplan, Donald Trump’s, Jean Carroll, “ She’s, Mr, Trump, Carroll, Goodman, Kaplan, ”, “ Locations: Mar, Florida, New York, Manhattan

A different jury last May concluded that Trump sexually abused Carroll in the spring of 1996 in the changing room of a luxury Manhattan department store. Carroll, 80, testified at last year's trial that she had a chance encounter with Trump at a Bergdorf Goodman store that was flirtatious and lighthearted until Trump cornered her in a changing room. Her claim that Trump raped her was rejected by last year's jury, though it agreed she was sexually abused. Last week, Carroll testified that her career was shattered by Trump's statements about her claims over the last five years, most recently on the campaign trail for president. The Associated Press typically does not name people who say they have been sexually assaulted unless they come forward publicly, as Carroll has done.

Persons: Donald Trump, Jean Carroll's, Carroll, Trump, ” Trump, ”, Judge Lewis A, Kaplan, Alina Habba, Goodman, ” Kaplan, Michael Madaio Organizations: Trump, Republican, Associated Press Locations: New York, Manhattan

☆ Opinion: E. Jean Carroll’s victory over Trump is every survivor’s victory
▼ + stars: | 2024-01-26 | by ( Opinion Ana Marie Cox | ) edition.cnn.com time to read: +5 min

CNN —The $83.3 million verdict handed down in E. Jean Carroll’s defamation case against former President Donald Trump on Friday is far more than a judgment against Trump. In May, a Manhattan federal jury found Trump sexually abused Carroll in 1996. Legally, the award is an attempt to quantify the damages Trump wreaked on Carroll’s reputation, her sense of self and her life. I think most humans, including everyone on that jury, recognize that what Trump took from Carroll can’t be quantified. It just hurt.”But if Carroll’s story wasn’t easily slotted onto some universally understood, objective spectrum of sexual violence, that’s because there is no objective spectrum of sexual violence.

Persons: Ana Marie Cox, Jean Carroll’s, Donald Trump, Trump, Carroll —, Ana Marie Cox Faith Fonseca, Carroll, “, Biden, Witch Hunt, ”, Carroll can’t, I’ve, brandish mugshots, won’t, Carroll –, they’ll, —, I’m, Megan Twohey, CNN’s Anderson Cooper, can’t, Bergdorf Goodman, Carroll shouldn’t Organizations: CNN, Trump, Republican Party, New York Times Locations: Austin, Manhattan

☆ Jury awards E. Jean Carroll $83 million verdict from Donald Trump defaming her
▼ + stars: | 2024-01-26 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +10 min

Read previewA federal jury has agreed Friday that Donald Trump must pay E. Jean Carroll $83.3 million for defaming her. The unanimous jury verdict in Manhattan comes as Trump remains the frontrunner for the 2024 Republican presidential nomination for a likely rematch with President Joe Biden in November. "We're very happy," Carroll's attorney, Roberta Kaplan, told Business Insider soon after the verdict was read. Judge Kaplan forbade Trump or his attorneys from arguing that he didn't sexually assault Carroll. In his jury instructions, Judge Kaplan reminded the nine New Yorkers sitting there that they must accept Trump's sexual assault as an already-established fact.

Persons: —, Donald Trump, Jean Carroll, Trump's, Trump, Joe Biden, Roberta Kaplan, Carroll, Kaplan, Shawn Crowley, Alina Habba, Elle, Carroll's, Bergdorf Goodman, Jessica Leeds, Natasha Storynoff, defaming Carroll, Ashlee Humphries, Mary Altaffer, Judge Kaplan, buttoned, Forbes, Habba, Judge Kaplan chastising, Carroll —, Crowley, United States —, jolted Organizations: Service, Business, US Justice Department, Circuit, Appeals, Trump, Trump —, AP, New, Yorkers, Court, of, Constitution Locations: Manhattan, Trump, New York, Southern, of New York, United States

Attorney Alina Habba told a judge in a letter that writer E. Jean Carroll’s trial was ruined when Habba elicited from Carroll through her questions that Carroll had deleted an unknown number of social media messages containing death threats. That jury awarded Carroll $5 million in damages. Robbie Kaplan, an attorney for Carroll who is not related to the judge, declined comment. Habba asked the judge to instruct the jury that Carroll had an obligation to minimize the effect of the defamation she endured. The trial resumes Monday, when Trump will have an opportunity to testify after Carroll's lawyers finish presenting their case.

Persons: — Donald Trump’s, Alina Habba, E, Jean Carroll’s, Carroll, Carroll “, Habba, Trump, Judge Lewis A, Kaplan, Goodman, Robbie Kaplan, defames, ” Organizations: Trump Locations: York

☆ Trump's lawyer asked for a mistrial in his E. Jean Carroll case because she deleted death threat emails
▼ + stars: | 2024-01-19 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Carroll said she deleted emails with death threats after Trump defamed her. "Plaintiff admitted that she deleted multiple email messages pertaining to purported death threats made to her," Habba wrote. Advertisement"Despite being served with a subpoena in connection with this action, Plaintiff failed to take reasonable steps to preserve relevant evidence," Habba wrote. "In fact, she did much worse — she actively deleted evidence which she now attempts to rely on in establishing her damages claim." Carroll testified that she received death threats "daily" and deleted them from her inbox and from replies to her social media posts.

Persons: Donald Trump, Jean Carroll, Carroll, Trump, —, Donald Trump's, Jean Carroll's, Lewis Kaplan, Alina Habba, Habba, Kaplan, hasn't, Manhattan's Bergdorf Goodman, Trump's, defaming Carroll Organizations: Service, Elle, Plaintiff, Trump, Twitter, Facebook, New Locations: Manhattan, New York

The accusations by the writer E. Jean Carroll that former President Donald J. Trump raped and defamed her have been the subject of two separate trials in U.S. District Court in Lower Manhattan and have unfolded as Mr. Trump campaigns for the Republican presidential nomination. Last May, a jury found that Mr. Trump sexually abused Ms. Carroll, a former advice columnist for Elle magazine who said he assaulted her nearly three decades ago in a Bergdorf Goodman dressing room. Now, Mr. Trump, 77, is back in the same federal courthouse, defending himself again against accusations of defamation. On Thursday, Ms. Carroll, the first witness in the case, ended her testimony in a trial that is expected to wrap up next week. It is still unknown whether Mr. Trump will take the stand.

Persons: Jean Carroll, Donald J, Trump, Carroll, Elle, Goodman Organizations: Republican Locations: U.S, Lower Manhattan

☆ Trump Is Warned He May Be Ejected From Carroll Trial
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +5 min

"Mr. Trump, I hope I don't have to consider excluding you from the trial," the judge told him. Following Kaplan's warning, Trump posted that Kaplan was a "seething and hostile" judge with "a major case of Trump Derangement Syndrome." Trump said he did not know Carroll and that she branded him a rapist to boost sales of her then-new memoir. "I am here because Donald Trump assaulted me, and when I wrote about it, he said it never happened," Carroll said. Trump did not attend Carroll's first trial, and in his Truth Social post said he would have won had he attended.

Persons: Jonathan Stempel, Luc Cohen NEW, Donald Trump, E, Jean Carroll's, District Judge Lewis, Carroll, Trump, Shawn Crowley, Kaplan, Democrat Joe Biden, Goodman, Roberta Kaplan, Alina Habba, It's, Habba, Luc Cohen, Noeleen Walder, Jonathan Oatis, Daniel Wallis Organizations: Luc Cohen NEW YORK, District, Trump, Democrat, Twitter Locations: Manhattan, New Hampshire, Florida, New York

☆ E. Jean Carroll Says Trump ‘Shattered’ Her Reputation as He Watches in Court
▼ + stars: | 2024-01-17 | by ( Maria Cramer | More About Maria Cramer | ) www.nytimes.com time to read: +1 min

Since E. Jean Carroll accused Donald Trump of raping her in a dressing room in Bergdorf Goodman, he has made dozens of posts on social media accusing her of lying — although a jury last year awarded her $2 million in damages for the assault. On Wednesday, the former president watched and listened for the first time as Ms. Carroll, 80, described how those statements affected her. “He shattered my reputation,” Ms. Carroll said in a federal courtroom in Lower Manhattan as Mr. Trump sat at the defense table, attending the proceedings for a second straight day. In a trial this week, the former Elle magazine advice columnist is seeking $10 million in damages for two statements he made as president in 2019, accusing her of lying about claims he assaulted her in a Bergdorf Goodman dressing room in the 1990s. Mr. Trump called Ms. Carroll’s rape claim “totally false,” said that he had never met Ms. Carroll, and that she had invented the story to sell a book.

Persons: Jean Carroll, Donald Trump, Bergdorf Goodman, Carroll, ” Ms, Trump, Goodman, ” Organizations: Elle Locations: Lower Manhattan

☆ E. Jean Carroll’s Second Defamation Trial Could Hit Trump’s Wallet Again
▼ + stars: | 2024-01-16 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: +1 min

Donald Trump secured 51% of the vote in the Iowa caucuses on Monday, while Ron DeSantis and Nikki Haley lagged behind with 21% and 19%. WSJ Senior Political Correspondent Molly Ball explains what the results mean for the Republican nomination race. An additional trial began Tuesday to determine whether he’ll have to pay her even more. Carroll, an author and former Elle magazine columnist, made her sexual-assault allegations against Trump public in 2019, when New York Magazine published an excerpt of her book, which alleged he assaulted her in a Bergdorf Goodman dressing room. In the aftermath, she filed a pair of related lawsuits against Trump.

Persons: Donald Trump, Ron DeSantis, Nikki Haley, Molly Ball, Jim Watson, E, Jean Carroll, Carroll, Goodman Organizations: Republican, Agence France, Elle, Trump, New York Magazine Locations: Iowa

☆ Trump's Truth Social account is attacking E. Jean Carroll while he's sitting in court for her defamation trial
▼ + stars: | 2024-01-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But Trump's Truth Social account blasted out posts attacking Carroll while the two were sitting in the courtroom, the first time they've been in same room together in decades. One post from the former president's account this morning stated: "Can you believe I have to defend myself against this woman's fake story?!" AdvertisementTrump's Truth Social account also blasted old tweets from 2010 and 2014 that Carroll posted to her Twitter account as part of his collection of posts that attempt to cast the former Elle magazine columnist in a negative light. AdvertisementThe former president remains the overwhelming favorite to capture the GOP nomination despite his legal issues, including the current trial and the 91 criminal charges he faces.

Persons: —, Donald Trump, Jean Carroll, Carroll, they've, Anderson Cooper, Trump, Goodman Organizations: Service, Business, CNN, Elle, Twitter, Iowa Republican Locations: Manhattan, New York, Iowa, Hampshire

☆ What to Know as Trump Faces Another Defamation Trial by E. Jean Carroll
▼ + stars: | 2024-01-16 | by ( Benjamin Weiser | Maggie Haberman | ) www.nytimes.com time to read: +1 min

Mr. Trump is planning to attend the first day of the trial before he heads to New Hampshire to campaign ahead of the presidential primary there next week. Ms. Carroll, 80, has said she encountered Mr. Trump in the mid-1990s at the Bergdorf Goodman department store in Manhattan, where he shoved her against a dressing room wall and forced himself on her. Mr. Trump, 77, has loudly denied the allegations ever since Ms. Carroll first leveled them more than four years ago. The civil trial focuses on statements by Mr. Trump in June 2019 after Ms. Carroll revealed her allegation in New York magazine. Mr. Trump called her claim “totally false,” saying that he had never met Ms. Carroll, a former Elle magazine advice columnist, and that she had invented a story to sell a book.

Persons: Donald J, Trump, Jean Carroll, defaming, Carroll, Goodman Organizations: New York, Elle Locations: Manhattan, New Hampshire, New, Iowa, New York

The jury said Carroll hadn't proven that Trump raped her. One issue that wasn’t decided in that first trial was how much Trump owed for comments he made about Carroll while he was still president. He did not attend last year's trial, saying recently that his lawyer advised against it. Trump, with actual malice, lied about sexually assaulting Ms. Carroll.”Those restrictions don’t apply outside of the presence of the jury. Carroll, 80, plans to testify about the damage to her career and reputation that resulted from Trump's public statements.

Persons: Donald Trump, Jean Carroll, Carroll, Trump, Carroll hadn't, wasn’t, Lewis A, Kaplan, Goodman, “, ” Organizations: Trump Locations: Iowa, Manhattan

A Manhattan jury will be asked a narrow question this week: How much money must former President Donald J. Trump pay the writer E. Jean Carroll for defaming her after she accused him of raping her? Ms. Carroll’s chance encounter decades ago at the Bergdorf Goodman department store, in which she said Mr. Trump shoved her against a dressing room wall, pulled down her tights and forced himself on her, was already the focus of a trial last year. At the time, Mr. Trump called her claim “totally false,” saying that he had never met Ms. Carroll, a former Elle magazine advice columnist, and that she invented a story to sell a book. Now, Mr. Trump says he wants to attend and testify at Ms. Carroll’s trial, something he didn’t do in the earlier case. That’s sparked a bitter dispute between lawyers for Ms. Carroll, 80, and Mr. Trump, 77, over what the former president could say if he took the stand, and whether he would stray beyond strict boundaries the judge has set.

Persons: Donald J, Trump, Jean Carroll, defaming, Carroll’s, Goodman, Carroll, Trump’s, ” Organizations: Elle Locations: Manhattan, New York

☆ E. Jean Carroll is taking Trump to trial over defamation and sexual abuse. Again. Wait, what?
▼ + stars: | 2024-01-13 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Read previewFormer President Donald Trump will once again go to trial over his sexual abuse of E. Jean Carroll. Here's what to expect from the second Carroll trial:AdvertisementWhy is Trump going to trial again for Carroll's allegations, anyway? He ruled that Trump doesn't get a re-do on Carroll's sexual abuse claims. Kaplan also ruled that it was fine for Carroll's lawyers to say that Trump "raped" Carroll. At a press conference following closing arguments in a different Trump trial, the former president told journalists he would attend the Carroll trial.

Persons: —, Donald Trump, Jean Carroll, Hot, Carroll, Trump, Goodman, didn't, Diddy, Jamie Foxx —, Joe Tacopina, Justice Department —, Lewis Kaplan, defaming Carroll, Kaplan, Will Trump, Charles Malkus, Ashlee Humphries, Humphries, Rudy Giuliani's Organizations: Service, Trump Organization, New York Attorney, Business, Trump, Carroll, Justice Department, Trump's, Justice, New York Penal Locations: Manhattan, Trump, New York, York, Carroll

[1/6] People load up their newly purchased items from Best Buy on Black Friday in Wheaton-Glenmont, Maryland, U.S., November 24, 2023. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. And the rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Leah Millis, Cowen, David Klink, Theresa Forsberg, Michael Brown, Kearney, Jeff Gennette, Jimmy Lee, there's, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, ”, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: REUTERS, Shoppers, Huntington Private Bank, Walmart, Target, National Retail Federation, Garden, Insider Intelligence, Macy's, Adobe Analytics, Wealth Consulting, Amazon, Adobe, Nordstrom, “, Saks, Puma, Israel Football Association, IFA, Thomson Locations: Wheaton, Glenmont , Maryland, U.S, RALEIGH, N.C, New Milford , Connecticut, Paramus , New Jersey, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. Thanksgiving Day discounts online peaked at about 28% for toys, while electronics had discounts as steep as 27%, Adobe said.

Persons: Shannon Stapleton, Cowen, Theresa Forsberg, “ It’s, ”, Jill Lizzo, she’s, “, I’m, Lizzo, PwC, hasn’t, Naomi Ojomo, Jeff Gennette, Barbie, John Roberts, Apple AirPods, Bergdorf Goodman, Nordstrom, Oscar de, Katherine Masters, Arriana McLymore, Helen Reid, Mimosa Spencer, Corina Pons, James Davey, Siddharth Cavale, Arriana, Deboarh Sophia, David Gaffen, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: Black, REUTERS, Shoppers, National Retail Federation, Insider Intelligence, Barclays, Macy's, Adobe Analytics, Adobe, Walmart, Argos, PlayStation, Apple, Thomson Locations: Westbury , New York, U.S, RALEIGH, N.C, New Milford , Connecticut, . U.S, Harlem, Manhattan, France, Italy, Spain, Zara, Canary Wharf, London, British, Paris, Madrid, New York, Raleigh , North Carolina, Bengaluru

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