Ivanka Trump announces the end of its ready-to-wear brand

Ivanka Trump stops the fees. The daughter of Donald Trump announced Tuesday that she would stop the activities of her brand of clothing, shoes and accessories, which she had limited the development to avoid conflicts of interest with his position as counselor in the White House. 19659003] After experiencing a sharp rise in sales in 2016 during the presidential campaign, the brand was affected by the election of Donald Trump, several retail chains, including the giant Nordstrom, deciding in particular to dereference

"After 17 months in Washington, I do not know if I will ever resume this activity, but I know that until further notice, my attention is focused on what I am doing here," said Ivanka Trump. a statement sent to AFP. "This decision is the only right way for my team and my badociates," she added. The company's 18 employees will be fired.

Conflicts of interest

Positioned in the mid-range segment, at affordable prices, it generated sales of $ 47.3 million at the end of the year. the financial year 2016/17, closed at the end of January 2017, up 61%, according to figures published by G-III. After the election of her father and her nomination as a White House counselor, this mother of three had retained her majority interest in the brand but had paid into a trust to minimize the potential for conflict of interest. 19659003] However, several congressional officials have regularly expressed concern about the potential for conflicts of interest in Ivanka Trump's participation in his society. After being alerted by the Law Commission of the House of Representatives, the brand had renounced, in 2017, a partnership with the Japanese textile group Sanei, one of whose shareholders was, indirectly, the Japanese state. In late May 2018, the American anti-corruption badociation Citizens for Responsibility and Ethics in Washington (Crew) noted that Ivanka Trump was granted trademark registration by China a few days before Donald Trump released weight on the record of the Chinese telecom equipment manufacturer ZTE

A damaged image

In general, the activities of the brand abroad were followed closely and often suspected of benefiting from the influence of the Trump clan . In May 2017, three Chinese activists were arrested in China while investigating factories producing shoes for the Ivanka Trump line. Detained for several weeks, they were released at the end of June 2017.

After a time incarnate the voice of reason in the Trump clan, able to push his father to moderate his position on some issues, she saw his image deteriorate, criticized for its inaction and its lack of impact on the Trump administration. Since the inauguration of Donald Trump, several chain stores, including Nordstrom and Neiman Marcus in the United States and Hudson Bay in Canada, had chosen not to sell items bearing the name of the daughter of the President of the United States.