Wednesday, 21 November, 2018

Ivanka Trump’s clothing company shutting down

Ivanka Trump’s clothing company shutting down Ivanka Trump’s clothing company shutting down
Steven Clarke | 24 July, 2018, 21:35

Ivanka Trump's clothing and shoes company is folding, Page Six has exclusively learned. She's seen here at the White House last week.

President Donald Trump's daughter, who serves as a Senior Advisor to the President, has been under great pressure since her goods are not made in the U.S. She's also been criticized for using her position of power to improve her business.

Company chief Abigail Klem said past year she had been planning her first trip to tour some of the facilities that make Ivanka Trump products, and said the company would boost oversight of the treatment of its largely female workforce. Questions of potentially preferential treatment were raised after China granted more than a dozen trademarks to Trump's company.

After four years in operation, Ivanka Trump's namesake brand is shutting down.

Engine test anomaly deals setback to Boeing’s plans for Starliner space taxi
Flight safety and risk mitigation is why we conduct such rigorous testing and anomalies are a natural part of any test program. Boeing has acknowledged an anomaly occurred during a recent test of its Starliner spacecraft's launch abort system.

The company also cited the "strict limitations on the business" that were put in place when Trump resigned to take up a job in the government. In a statement, she said the company was built on a growth model that was limited by Ivanka Trump's resignation from the company.

The company said licensing contracts would not be renewed and those in place will be allowed to run their course.

A spokesperson for the Ivanka Trump brand said the decision to close the company is not related to the brand's performance. The company's website now lists a staff of 12, from Klem as its president to PR Samples Coordinator Marissa Valerio. She launched her brand in its current form in 2014. "While we will not continue our mission together, I know that each of them will thrive in their next chapter".

Online sales of Ivanka Trump's items on Amazon.com, Macy's Inc., Bloomingdale's and Zappos.com fell almost 45% over the last year, compared with the year-earlier period, according to Rakuten Intelligence, the Wall Street Journal reported.

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