Ivanka Trump Moves To Close Her Brand Immediately, Saying She's Committed To DC

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Ivanka Trump, President Trump’s elder daughter and a top White House adviser, is shutting down her namesake fashion brand more than a year after stepping away from the company.

A spokesperson for daughter Trump's brand confirmed on Tuesday that they would begin immediately to wind down the business, not renewing licensing deals and letting employees go.

The decision comes one week after Hudson's Bay stores in Canada, who also owns Lord & Taylor and Saks Fifth Avenue, announced that they would not be carrying the brand in the future due to poor sales. 

“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,” Ms. Trump said in a statement.