Amid plummeting sales from her fashion brand, US First daughter, Ivanka Trump has announced that she is shutting down her eponymous fashion brand to focus on her work in Washington.
“When we first started this brand, no one could have predicted the success that we would achieve,” Ivanka said in a statement to the Wall Street Journal.
“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, so making this decision now is the only fair outcome for my team and partners.”
According to the outlet, Abigail Klem, the brand’s current president, informed its 18 employees on Tuesday that the company is closing. Ivanka is set to speak with the staffers who have been laid off later in the day.
Abigail said in a statement that she understood the decision to shutter the company had been a “difficult” one for Ivanka to make.
This comes a year after the 36-year-old formally separated from the company to move to Washington D.C. to work as one of her father President Donald Trump’s senior White House advisers.
The Chairman, CEO, and founder of Air Peace, Allen Onyema, has been charged with obstruction…
At least 10 people have reportedly died, with many more injured in a stampede at…
The Nigerian National Petroleum Company (NNPC) Limited says the old Port Harcourt refinery has not…
An unconfirmed number of residents of Okija community in Anambra state have reportedly lost their…
Old students of Islamic High School, Basorun, Ibadan, Oyo State, the venue of the Ibadan…
In Osun State today, the pulse of the people is abuzz with various stories that…
This website uses cookies.