The Latest: Ivanka Trump shutting down fashion company
NEW YORK (AP) — The Latest on Ivanka Trump shutting down her fashion company (all times local):
Ivanka Trump is shutting down her fashion line of dresses, shoes and handbags that became a target of political boycotts and spurred concerns about conflicts of interest after her father was elected.
The president’s daughter said in a statement she made the decision so she could focus more on work as a White House adviser. She had stepped away from the day-to-day management of her company when she joined President Donald Trump’s administration.
Ivanka Trump recently has been encouraging U.S. companies to pledge to hire American workers. Her own company has been criticized for making its products in Chinese factories, for the conditions in those factories, and for being granted trademarks by foreign governments such as China that would want to curry favor with the president.
Ivanka Trump’s clothing company is shutting down and all its employees are being laid off, according to news reports.
The New York Post is reporting that its sources say the company “will be shuttered ‘ASAP’ and that staff have been informed that they’re being laid off.”
Ivanka Trump, who is a senior adviser to her father, President Donald Trump, has recently been encouraging U.S. companies to pledge to hire American workers. Her company has been accused in the past of using foreign workers to make its products abroad.