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Ivanka Trump Executive Strikes Back, Claiming Expansion Continues Across Categories and Distribution
WILL THE OTHER SHOE DROP?: Is Neiman Marcus cutting ties with the Ivanka Trump company to stop selling its jewelry?
That possibility was hashed out and (asserted by some) web sites Friday after noting that Ivanka Trump fine jewelry was no longer available on Neiman Marcus’ web site. But the retailer presented a different picture.
A Neiman Marcus spokeswoman said Friday, “Neiman Marcus has a very small Ivanka Trump precious jewelry business, which is comprised 100 percent of consigned merchandise (merchandise owned by the vendor). Based on productivity, we continuously assess whether our brands are carried in stores, on our web site, or both.”
Executives at Neiman Marcus did not respond to requests for comment about whether that arrangement will continue for fall. Unlike the Ivanka Trump clothing and accessories that are sold in department stores and specialty stores and are geared for working women, the label’s fine jewelry is more expensive and is not sold in mass stores.
Meanwhile, executives at Ivanka Trump have broken their silence about the state of the business, after a few weeks of declining to comment. Rosemary K. Young, senior director of marketing at Ivanka Trump, said in a statement Friday, “The Ivanka Trump brand continues to expand across
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