Ivanka Trump, President Trump’s eldest daughter and a top White House adviser, is shutting down her namesake fashion brand more than a year after stepping away from the company.
A spokesman for Ms. Trump’s brand confirmed on Tuesday that the process of winding down the company would begin immediately, that the brand’s licensing deals would not be renewed and employees would depart in the coming weeks.
“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,” Ms. Trump said in a statement.
Since Mr. Trump won the presidential election in 2016, members of his family have faced continuing criticism that they are exploiting his position to promote their own personal interests.
Ms. Trump has been a particular target of that criticism, and resigned from the day-to-day operations of the company last year, partly to try to address concerns that her role as a presidential adviser created conflicts of interest.
This article is developing and will be updated.
