Ivanka Trump Shutting Down Her Namesake Fashion Company

Senior White House adviser Ivanka Trump confirmed on Tuesday that she is shutting down her namesake fashion company. The daughter of President Donald Trump formally stepped back from the company, IT Collection LLC, in January 2017 after her father came into office. Abigail Klem took over as president a couple months later. Klem announced the company’s closure to its 18 employees on Tuesday. “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,” said Ivanka Trump. “So making this decision now is the only fair outcome for my team and partners.” Nordstrom dropped the line in February 2017 and Neiman Marcus announced it would no longer sell the brand’s jewelry on its website soon after. Several other retailers have followed suit, including Hudson’s Bay in Canada earlier this month.

Ivanka Trump is closing down her fashion business

Via www.nbcnews.com

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