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Nancy Koehn | Why Ivanka Trump Closed Her Fashion Brand

Ivanka Trump Closes Her Fashion Company

Ivanka trump
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."
Andrew Harnik
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Nancy Koehn | Why Ivanka Trump Closed Her Fashion Brand

Ivanka Trump announced this week that she will be closing her fashion company immediately.

“When we first started this brand, no one could have predicted the success that we would achieve. 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,” Ivanka Trump said in a statement to the New York Post's Page Six.

Harvard Business School historian Nancey Koehn joined Boston Public Radio Thursday to talk about Trump's fashion brand and her decision to close the company.

"The brand has been losing sales ... since [her father] became president," Kohen said. "Buying and selling has become a highly political activity."

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