Ivanka Trump the first daughter announced that she had closed her popular fashion brand. This happened after a firestorm of criticism. About potential conflicts of interests and flagging sales fueled by a political backlash. Ivanka Trump who is now 36-year-old. She has been seen wearing shoes from her namesake label. And stepped away from the company to work in the White House as an advisor to her father. But she continued to profit from the label.
The brand (which sales While the clothing, footwear and accessories) had a higher sales in the year 2016, the year that Trump won the presidency, it suffered a backlash after he took office, and had been axed by a growing number of retail chains.
Ivanka Trump’s Fashion Brand.
As first daughter, she has traveled overseas representing the United States. And had attended meetings with visiting heads of state and traveled domestically. This fueling speculation that she may harbor future political ambitions of her own.
“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 said in a statement.
“So making this decision now is the only fair outcome for my team and partners,” she added.
“I know that each of them will thrive in their next chapter.”
US watchdog Citizens for Responsibility and Ethics in Washington offered lukewarm approval and called on the Trump family to divest from all assets, saying they should have done so before entering the White House.
Currently in 2021, she had moved out of White house after her husband Donald Trump had lost in the American President election. So now there is no hardship for her in closing her passion line than moving out of the White House and the Official designation.