WASHINGTON: US President Donald Trump’s oldest daughter, Ivanka Trump, is closing her fashion line to focus her energies on advising her father’s White House, she said through a representative on Tuesday.
Trump, whose fortune comes from real estate development, came into office carrying a broad family business portfolio that trades heavily on the family name.
The president has made regular visits to Trump-branded properties during his time in office, prompting some critics to complain that he is using the profile of his office to promote his private businesses.
“After seventeen months, without a time frame for her return, Ivanka made the difficult decision that to be fair to the brand’s partners and its employees, the business should be wound down,” a representative for Ivanka Trump’s fashion line said in a statement on Tuesday.
The company said licensing contracts would not be renewed and those in place will be allowed to run their course.
