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Ivanka Trump to Shut Down Fashion Brand

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She’ll focus on her work at the White House.

Ivanka Trump plans to shut down her fashion brand, which includes jewelery along with clothing, handbags and shoes, the Wall Street Journal reports.

Trump will focus on her role as a senior adviser to her father’s administration, according to the newspaper.

She had felt stymied by restrictions she placed on the company, IT Collections LLC, to avoid possible conflicts of interest while serving in the White House,” according to the Journal. Trump had distanced herself from the 18-employee company’s operations.

Last year, the brand moved away from fine jewelry and toward fashion jewelry. Brand President Abigail Klem said at the time that the move was “part of our company’s commitment to offering solution-oriented products at accessible price points.”

She told the Journal she’s not sure when or if she’ll return to the retail sector.

Read more at the Wall Street Journal

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When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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