Ivanka Trump is closing her fashion brand. A spokesperson said the decision has nothing to do with sales. Ms. Trump simply wants to avoid a conflict of interest while serving her father in the White House.
In unrelated news, Ivanka Trump's products were dropped from Hudson's Bay, the largest department store in Canada. Via BBC:
The brand had already been dropped by several retailers such as the Nordstrom chain and – just last week – Canada's largest department store chain Hudson's Bay.
Both companies blamed poor sales for their decision.
Ms Trump's company is private and does not release sales figures.
But according to the Wall Street Journal, which cited research from Rakuten Intelligence, online sales at Amazon, Macy's and Bloomingdales fell almost 45% in the year to June.
An investigation by the Washington Post last year found that virtually all of Ms Trump's clothing was manufactured in developing countries such as Bangladesh, Indonesia and China.
