*By Alisha Haridasani*
First daughter Ivanka Trump shut down her eponymous clothing brand on Tuesday as consumer disapproval of her father caused sales to suffer.
“After 17 months in Washington, I do not know when, or if, I will ever return to the business,” Trump said in a statement. “My focus for the foreseeable future will be the work I am doing here.”
In 2017, Trump joined the White House as a senior adviser and [abdicated](https://www.vanityfair.com/news/2017/01/ivanka-trump-jared-kushner-resign-sell-assets) her executive role at the brand to avoid conflicts of interests, elevating Abigail Klem to company chief.
Even after Trump left the company, activists urged shoppers to boycott her products and the various retailers that carried it. Nordstrom and Canada's Hudson's Bay, which owns Lord & Taylor and Saks Fifth Avenue, eventually dropped the brand for poor performance.
Watchdog Citizens for Responsibility and Ethics in Washington alleged in May that even after her Washington appointment, Trump was still receiving [profit](https://www.citizensforethics.org/ivanka-trumps-business-wins-approval-for-more-china-trademarks/) from the brand and benefiting from the administration's latest policies.
Ethical concerns against Trump were first raised in 2016 when she retained control of her company during her father's campaign and wore her own products to high-profile events, presumably promoting her brand.
Trump's company is among the many businesses in her father's stable and presents regulators with the unique challenge of monitoring the first family's politics and business gains.
Whether it’s a deepfake video of actor Tom Cruise discovering gum in a lollipop or President Joe Biden discouraging people from voting via telephone, you’ve likely come across a deepfake video, photo or audio recording.
Tensions in the South China Sea, Apple moving to India, and banning TikTok? The podcast ‘Face Off: The U.S. Versus China’ helps explain how we got here.
Cust2Mate is a leading innovator in retail technology, aiming to revolutionize the shopping experience. By implementing smart cart technology, the tech company addresses the issue of theft while enhancing the shopper's journey.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
