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First Daughter Ivanka Trump Shuts Down Fashion Company

Unfortunate news: After Nordstrom and a few other stores stopped carrying the Ivanka Trump fashion line, the First Daughter has announced she’s closing up shop.

Ivanka Trump had left the label last year to work at the White House, but a representative noted that the fashion line simply couldn’t grow at the same rate without her onboard full time. (RELATED: Nordstrom Drops Ivanka Trump’s Products).

As Ivanka will be in Washington, D.C. for years to come, she made the decision to close the brand. Ivanka said through a statement: “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.”

She added that she is “beyond grateful for the work of our incredible team who has inspired so many women, each other and myself included. While we will not continue our mission together, I know that each of them will thrive in their next chapter.”

Page Six first reported the story and noted that since President Trump’s inauguration, her label has been dropped by Nordstrom, Neiman Marcus, Jet.com, DSW, Shoes.com, Belk, ShopStyle, and Gilt. This month, Canadian chain Hudson Bay jumped on the bandwagon, caving to anti-Trump pressure on social media.

Ivanka became a full-time White House advisor in April of 2017.

This is what’s unique about the Trump family. While the Clintons, the Obamas, and others made mass fortunes from their time in government, the Trumps have lost hundreds of millions. A recent report notes that President Trump’s net worth dropped $100 million in his first year in office, and is now at $2.8 billion.

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