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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
RetailIvanka Trump

Nordstrom Isn’t the Only Retailer Where Ivanka Trump Sales Are Tanking

By
Feliz Solomon
Feliz Solomon
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By
Feliz Solomon
Feliz Solomon
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February 9, 2017, 8:42 PM ET
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It hasn’t been a good start to the year for Ivanka Trump’s online merchandise, according to a market research firm called Slice Intelligence, which found that Nordstrom (JWN) isn’t the only retailer seeing a decline in sales of her apparel and accessories line.

CNBC reports that receipts analyzed by Slice show that most Ivanka Trump goods are sold on Amazon (AMZN), mainly through third-party sites. Bloomingdales, Macy’s (M), Nordstrom and Zappos are the next in line as the top sellers of her online goods.

The research firm reports a decline in the sale of Ivanka Trump goods beginning shortly after the November election, continuing into January of this year, when online sales dropped by 26%, according to CNBC.

Sales of Ivanka Trump merchandise on Nordstrom.com fell 63% in the fourth quarter, ultimately leading the retailer to suspend orders of the clothing line. Her other major online outlets appear to also be seeing a major dip in purchases; Zappos’ sales fell 43% while Amazon saw a 31% decline.

Ivanka Trump brand products fared better on Macys.com, CNBC reports, where online sales grew by about 30% , and on Bloomingdales.com, up around 9%. Both however, represented a slower growth rate than in the early half of last year.

According to CNBC, the analysis by Slice Intelligence was sourced from an online panel of 4.4 million Internet shoppers.

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