Ivanka Trump announces closure of namesake fashion brand

Ivanka Trump on Tuesday announces the closure of her namesake clothing, footwear, and accessories brand, which had become a target of opponents of her father US President Donald Trump.

After experiencing a sharp rise in sales in 2016, the brand suffered a backlash after her father took office, and has been dropped by several retail chains.

The 36-year-old Ivanka currently serves as an advisor to her president father, and she has faced criticism about possible conflicts of interest with her business.

“When we first started this brand, no one could have predicted the success that we would achieve,” Ivanka says in a statement.

“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,” she adds.

“So making this decision now is the only fair outcome for my team and partners.”

— AFP

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