Ivanka closing her fashion company to focus on public policy

[underpants]

Ivanka Trump to shut down fashion company

(CNN) Ivanka Trump has decided to wind down her company after deciding to pursue a career in public policy instead of returning to her fashion company.

Trump's clothing and accessory business has been operating with limitations to reduce potential violations of ethics laws and the perceptions she's profiteering off her White House role. Given those restrictions, Ivanka, who serves as a senior adviser to President Donald Trump, decided it didn't make sense to keep the company running if she's not returning after her father's presidency, two people with knowledge of her decision-making process told CNN.

Abigail Klem, the current president of the Ivanka Trump brand, said in a statement on Tuesday that the move "was a very difficult decision for Ivanka."

After the President's dig at Nordstrom, Trump aide Kellyanne Conway told the American public to "go buy Ivanka's stuff" during an interview on "Fox & Friends." The on-air endorsement prompted a bipartisan backlash with lawmakers on both sides of the aisle calling for a review of whether the comments violated government rules.

https://amp.cnn.com/cnn/2018/07/24/politics/ivanka-trump-brand-company/index.html

[greymattermom]

1. It's probably the tariffs.

She doesn't want to move her business out of China, etc.

[underpants]

10. I think much of her business was waived from tariffs

but I'd have to look it up.

[WhiteTara]

2. She must be losing so much money that the next step

is bankruptcy and that would be terrible optics.

[DFW]

3. That's what I was thinking, too

Ethics violations on top of a money-losing business. Sounds like two REALLY good reasons to shut the thing down.

[Sanity Claws]

4. She probably needs more time to prepare for likely indictment

Notice that she isn't selling it.
In order to sell it, she would have to open the books so potential buyers could determine its value.

No way would she open the books. My guess is that the business was a front for illegal activities.

[Dave Starsky]

7. Exactly.

Of course, we can't expect anyone in the US news media to point out something so completely fucking obvious.

[underpants]

8. Good point about not selling it

There can't be any other reason.

[jmowreader]

13. My guess was she was told to by her new bosses

I figure some hard-right think tank wanted to improve its access to the Tasmanian Devil and hired his daughter...then told her, “no more controversies over clothes; get out of that business as fast as you can.” Selling it is out of the question because the only real asset the company has is her name.

[Moostache]

5. She is becoming uglier to me by the public appearance...

I must admit to being greatly influenced about someone's physical appearance by my own personal feeling about a person's moral/human center. She is becoming difficult to look at to me and I really wish she would just disappear entirely already...seeing her sitting behind daddy (as the right-hand woman behind the throne) is enough to make me puke.

[NCTraveler]

6. Almost halfway through his term she is going to start concentrating?

[underpants]

9. Well Jared wrapped up that piece in the Middle East thing

and he has a steely eyed focus.

[hatrack]

11. Like a couple of ball bearings stuck in a summer squash . ..

[catbyte]

12. Okay, if I hadn't invested $4.99 in a keyboard skin, you'd owe me a new keyboard right about now.

[smirkymonkey]

14. It's hard to believe that nobody wants to buy her cheaply-made, overpriced,

unfashionable junk anymore. Poor Ivanka. Just as talentless and incompetent as her father.