Ivanka Trump closes fashion line to focus on helping her father

[webfact]

Ivanka Trump closes fashion line to focus on helping her father

 

FILE PHOTO: Ivanka Trump departs the White House for a trip to Cleveland, Ohio, in Washington D.C., U.S., March 29, 2018. REUTERS/Carlos Barria/File Photo

 

(Reuters) - U.S. President Donald Trump's daughter Ivanka Trump on Tuesday said she was shutting her fashion line to focus on her role as an informal White House adviser, where she is working on advancing working women.

 

Since Trump's surprise November 2016 election, his family has faced criticism that its portfolio of real estate and consumer goods businesses, which lean heavily on the Trump name as a marker of luxury, conflict with their roles as Washington officials.

 

Critics of the president called the shutting of the brand a victory for a boycott of Trump-tied businesses that began late in the 2016 campaign.

 

"After 17 months in Washington, I do not know when or if I will ever return to the business, but I do know that my focus for the foreseeable future will be the work I am doing here in Washington," Ivanka Trump, 36, said in a statement on Tuesday.

 

Amid criticism of potential conflicts of interest, Ivanka Trump in 2017 gave up day-to-day management of her clothing company and put its assets in a trust managed by family members.

 

Her company said licensing contracts would not be renewed and those in place will be allowed to run their course. Mid-priced women's clothing, shoes and accessories were sold under the label. The 18 people who work for the 11-year-old company will be laid off as it shuts down.

 

Since Trump's election, retailers including Nordstrom Inc, Hudson's Bay Co and Sears Holdings Corp have dropped or sharply scaled back their assortment of Trump-branded products, though they typically attributed those decisions to poor sales rather than political messages.

 

Ivanka Trump's brand said in a statement that retailers including Bloomingdale's, owned by Macy's Inc, Dillard's Inc and Amazon.com Inc, continued to carry her wares.

 

According to the Wall Street Journal, online sales of Ivanka Trump's brand fell nearly 55 percent in the 12 months to June, compared with the year-earlier period, citing Rakuten Intelligence, which gathers email receipts from 5.5 million U.S. consumers.

 

Trump's combative style on the campaign trail and as president have drawn the family's brands into political fights, with some supporters hosting events at the luxury Trump International Hotel blocks from the White House even as opponents stage boycotts.

 

The president has been a loud advocate for domestic manufacturing, prompting criticism that much of the Ivanka Trump line was made overseas, as is the vast majority of clothing and footwear sold in the United States. According to media reports, much of her product line has been sourced from China, which is the target of tariffs imposed by the president in a trade conflict.

 

The most organised boycott of Trump-related businesses, "Grab Your Wallet," called the news about Ivanka's business a victory.

 

"This is the biggest possible win for Grab Your Wallet," the group's co-founder, Shannon Coulter, a San Francisco marketing executive, said in a phone interview.

 

(Reporting by Scott Malone in Boston, Barbara Goldberg and Diana Kruzman in New York and Nivedita Balu in Bengaluru; editing by Richard Chang and Cynthia Osterman)

 

-- © Copyright Reuters 2018-07-25

[Thailand]

Helping daddy doesn't hold up more likely the business is going down the pan.

[pegman]

So, another Trump bankruptcy by the looks of it. Still a few to go to reach daddy's 6.

[ehs818]

Just exactly how successful was this endeavor in actually? If it was really worth anything at all, someone would have offered to buy it. But no one did, so it's probably not worth the cost of the paper used to show their logo. The fact is that consumers do know when they are being had, when they are being lied to, when they see the hypocrisy right in their face. "Make America Great Again" but her products, and those of her dad, are made overseas, NOT in America. No one likes to be played.  Come November I'm hoping for a huge rejection of all things Trump!

Edited July 25, 2018 by ehs818

[neeray]

This is one of those announcements where it's more important to "read between the lines, not just what's on the lines".

I agree with post #2 (Helping daddy doesn't hold up). Maybe like me, she sees the beginning of the end for the Trump brand and reign, and saw it as best to get out now. Haha, even Americans are concerned about "face".

 

Humpty Dumpty sat on a wall ...................

[Chomper Higgot]

She needs to work really hard to get her dad to focus his efforts in what little remaining time he has left and get him moving on prison reform.

[stevenl]

12 minutes ago, jimmyyy said:

Up to her its her business, Trump is winning, we will keep both houses this year and trump will be reelected in 2020.  I believe you will discover she is getting out of business to run for congress in 2020. 

Her daddy managed to run for president without giving up his business, why should she give it up to run for Congress?

Stronger, her daddy is still running his business, he is intertwining it as much as he can with the presidency, and even further.

[Carib]

Higher import tax, thanks to daddy...?

[JAG]

Right then. So to advance the status of working women, she is going to give up working?

 

Right ho!

Edited July 25, 2018 by JAG

[Get Real]

2 hours ago, webfact said:

Ivanka Trump closes fashion line to focus on helping her father

Now we know that it runs in the family. Doing and keeping track of more than one thing at the time and delegating important work fails again.

[malibukid]

maybe she will enter politics and become the first woman POTUS

[neeray]

3 minutes ago, malibukid said:

maybe she will enter politics and become the first woman POTUS

I think by the time he gets turfed out of office, the Trump name will be synonymous with insanity and unpredictability. She won't stand a chance. There won't be a Trump dynasty.

[Tug]

I don’t think the lady’s are buying her stuff and she and her hubby do much better strongarming little counterys like Qatar don’t think Donald will be around much longer

[Berkshire]

If "helping her father" means Ivanka can get daddy to stop lying and doing stupid sht, then it's all good.  Unfortunately, I doubt Ivanka is about that. 

[Srikcir]

2 hours ago, Carib said:

Higher import tax, thanks to daddy...?

Daddy made sure her imports were exempt from the higher import tariffs.

It just made no difference to the American consumers.

[puck2]

1 hour ago, malibukid said:

maybe she will enter politics and become the first woman POTUS

... the first female POTUS and the second LOTUS (Liar Of ....).

 

As written before,

According to the Wall Street Journal, online sales of Ivanka Trump's brand fell nearly 55 percent in the 12 months to June, compared with the year-earlier period, citing Rakuten Intelligence, which gathers email receipts from 5.5 million U.S. consumers.

she is saving face. She cannot admit that the name Trump is a synonym for NEGATIVES as liars, fake news, bankruptcy, incompetence, stupidity in spite of a nice face, etc.

 

Although  "accidentally" exempted from extra tax in China , she couldn't go on with her business ?

[Spidey]

2 hours ago, ELVIS123456 said:

When Trump's nominee for POTUS is elected by a landslide in 2024

Yep, Ivanka's a racing certainty for that with Kim Kardashian as V.P.

[mike324]

As much as I dislike Trump, I do in fact like Ivanka, she is pretty logical and a normal human being. She has potential, but its because Trump is her father, she has to support him now.  The truth is that she is at odds with her dad over most issues, she tames her dad. Which only shows that Trump is an idiot who has no common sense. The only reason why she is focusing on politics is because she wants to be president of the USA and she has a good chance at it.

[Lupatria]

4 hours ago, pegman said:

So, another Trump bankruptcy by the looks of it. Still a few to go to reach daddy's 6.

...and she ensured the media it has nothing to do with drastically increased import taxes on her rags taylored in a Chinese sweatshop.

[Jim1000]

Terrible news , all those jobs lost in Baltimore - or was it Beijing ?

[Srikcir]

47 minutes ago, mike324 said:

but its because Trump is her father, she has to support him now.

No it's not.

Compare Tiffany's relationship to Trump.

To be clear, it isn't that Tiffany says anything particularly negative about her father, it's that she doesn't say anything particularly warm either, especially compared to her siblings.

https://www.bustle.com/p/this-japanese-facial-massage-will-totally-transform-your-face-in-one-minute-9817919

 

[Opl]

Wy bother Ivanka Trump" brand, White House is much more lucrative since " President Trump’s money-making power is as unprecedented as his words"

"The Art of the (Self) Deal: Political and Taxpayer Spending at Trump’s Properties

https://corporatepresidency.org/art-of-the-self-deal/

 

https://www.cnbc.com/2018/06/28/trump-collects-on-business-and-presidency-is-boosting-brand.html

 

 

[johnnybangkok]

I think Twitter did the best when Ivanka announced she was giving up what by all accounts was a failing business:

 

'On the upside, no American jobs will be lost'

'..but how will all those foreign sweatshop workers make a living now?'

'fashion should be in quotation marks'

'There's no greater honour for a father than to see his child follow in his footsteps'

 

Classic

[Ron19]

Troll posts have been removed.

[bristolboy]

1 minute ago, Redline said:

You left out a lot of critical details.  Trump lies an average of 2 times a day.  

I don't mean to be hypercritical, but I'm afraid you got your fact wrong. I believe it's up to about  6.5 times per day. To be fair I'm including false and misleading assertions.

https://www.washingtonpost.com/opinions/leave-the-dark-twisted-fantasies-to-trump/2018/07/13/d63f3352-86c6-11e8-9e80-403a221946a7_story.html?utm_term=.e9f49bd34f20

 

[tomacht8]

5 hours ago, bristolboy said:

I don't mean to be hypercritical, but I'm afraid you got your fact wrong. I believe it's up to about  6.5 times per day. To be fair I'm including false and misleading assertions.

https://www.washingtonpost.com/opinions/leave-the-dark-twisted-fantasies-to-trump/2018/07/13/d63f3352-86c6-11e8-9e80-403a221946a7_story.html?utm_term=.e9f49bd34f20

 

Here another lie from Trump.
Factory in China produces "Trump 2020" flags.
As the National Public Radio reports, a company in Anhui Province is producing the flags.
Their owner Li Jiang said in an interview that he had already made flags for Donald Trump for the 2016 election campaign.
Even now, he has received an order, flags for the re-election campaign with the slogan "Keep America Great!" - "Get America Big" to make.
An adviser to the campaign denied in the portal "Vice" the job. 100 percent of the official merchandise for the campaign would be made in the US, it said.

Li remains in his portrayal. And also photos of the agency Reuters from 24 July 2018 prove that flags are produced with the campaign slogan in the factory. 

Inconceivable how many people in the US voted for a morbid liar as their president.

[sfokevin]

Looking on the bright side... 

No American jobs will be lost...

[Scott]

More troll posts removed along with replies. 

[Guest Jerry787]

Translated in common folks language, help dad as the fashion firm is a complete failure.

 

[attrayant]

This is such sad news for all the Chinese children who will now be out of a job.