*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.
Dana D’Auria, co-CIO at Envestnet, breaks down how she’s expecting markets to perform as ‘cracks’ from the rate hike cycle slowly filter into the economy.
A large cargo ship lost power and issued a mayday call moments before it struck the Francis Scott Key Bridge early Tuesday, though it was still moving toward the span at a rapid speed.
Candace Mitchell Harris discusses her path from computer scientist to founder of beauty tech tool MYAVANA – and how it uses A.I. to analyze each person’s unique haircare needs.
Michael Harris, NYSE global head of capital markets shares what to expect from IPOs in 2024, including A.I. excitement and why interest rate cuts are always helpful.
Lacy Garcia, Founder & CEO of Willow, shares why women, traditionally underserved by fintech, are looking for trust and a personal relationship from their financial advisor.
Alexander Reed, CFA and CIO for Envisage Wealth, breaks down why he thinks rates could stay higher for longer and why real estate, utilities, and regional banks are sectors to avoid.
Big brands that have relied on TikTok videos to reach younger consumers do not appear to be panicking as they wait to see what happens. But they have started planning.
It's been 15 years since the last fatal crash of a U.S. airliner, but you wouldn't know that from a torrent of flight problems that made news in the last three months.
Abortion opponents want the high court to ratify a ruling from a conservative federal appeals court that would limit access to a medication called mifepristone, which was used in nearly two-thirds of abortions last year.
