(Removes erroneous Neiman Marcus ric from paragraph 5)
WASHINGTON Feb 8 U.S. President Donald Trump on
Wednesday criticized Nordstrom Inc for what he said was
its unfair treatment of his daughter Ivanka after its decision
to not purchase her clothing line for this upcoming season.
Shares of the retailer fell 0.7 percent after the
president's criticism. They later recovered to trade up 0.2
"My daughter Ivanka has been treated so unfairly by
@Nordstrom. She is a great person -- always pushing me to do the
right thing! Terrible!," Trump said on Wednesday in his post on
In a statement last week, Nordstrom said it routinely cuts
brands each year and that the decision to pass on the Ivanka
Trump brand had been based on its performance.
A day after Nordstrom's statement, luxury retailer Neiman
Marcus Group also said it had stopped selling Ivanka Trump's
jewelry line on its website and a store in New Jersey, according
to Yahoo News.
Since winning the U.S. presidential election on Nov. 8,
Trump has targeted specific companies on Twitter. But this is
his first tweet criticizing a business tied to his family since
Ivanka Trump ran a clothing and jewelry business bearing her
name, in addition to other work for the Trump Organization,
before saying she would resign when her father was sworn in as
president last month.
ProPublica reported on Feb. 2 that the Trump Organization
said Ivanka had resigned her positions but that it had not yet
filed the changes. The Trump organization later said the filings
would be done by Feb. 3, according to the report.
(Reporting by Susan Heavey; Editing by Tim Ahmann and Paul