Nordstrom Inc. shares took a brief tumble Wednesday and then rebounded after President Trump tweeted that the department store chain that decided to stop selling Ivanka Trump's clothing and accessories line had treated his daughter “so unfairly.”
The company said last week that it made the decision based on the brand's performance, and that each year it replenishes about 10% of its supply with new products.
“My daughter Ivanka has been treated so unfairly by @nordstrom. She is a great person — always pushing me to do the right thing! Terrible!” the president said on Twitter. The message was retweeted more than 10,000 times in less than two hours.
Nordstrom. Neiman Marcus. TJ Maxx. And now, Sears and Kmart. Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website.
The company pulled the products as part of a plan to focus on its “most profitable items,” Sears spokesman Brian Hanover told Reuters.
Hanover told the news organization that items in the Trump Home line of furnishings were removed from the company’s website, although they could still be purchased through third-party vendors online. Neither store carried the items in their physical stores, he said.
Ivanka Trump is getting a strong reaction online after posting a photo of herself seated at the Oval Office desk while her father, President Donald Trump, and Canadian Prime Minister Justin Trudeau, stood on either side of her.
The first daughter posted the picture on Twitter, Instagram and Facebook with the message, “A great discussion with two world leaders about the importance of women having a seat at the table!”
While the picture earned Trump plenty of kudos from supporters of her father on social media, others said she hadn’t earned the right to sit behind the desk.
Ivanka Trump sat next to Trudeau during a roundtable meeting with female executives from the U.S. and Canada on Monday.
It looks like Ivanka Trump is taking cues from Kate Middleton. The first daughter took her young son, Joseph, to the Smithsonian Museum of Natural History in Washington D.C. on Thursday and she shared a photo of her excursion on her Instagram account.
In the sweet snap, the 35-year-old mom is clutching her son and has a butterfly on her finger. The photos looks shockingly similar to a photo Kate Middleton took with her son, Prince George, when they visited the 'Sensational Butterflies' exhibition at the Natural History Museum, in London in 2014.
Little Joseph looked just as enamored with the butterflies as Prince George was back then. At the time, Prince George was celebrating his first birthday.
Nordstrom’s sales of Ivanka Trump’s line of clothing and shoes fell by nearly one-third in the past fiscal year, with sharp drops in sales in the weeks before her father Donald Trump was elected president, the Wall Street Journal reported on Saturday.
Nordstrom announced last week it had decided to stop carrying Ivanka Trump’s apparel, prompting President Trump to take to Twitter to defend her. “My daughter Ivanka has been treated so unfairly by @nordstrom,” he said on Wednesday.
The Journal cited internal Nordstrom data as showing sales of Ivanka Trump’s products were more than 70 percent lower in the second, third and fourth week of October compared to the same weeks the previous year. The election was on Nov. 8.
Nordstrom had $14.3 million in Ivanka Trump sales in the fiscal year that ended in January, down from $20.9 million in the previous year, the Journal reported.