Thursday, February 9, 2017

Ivanka's Nordstrom Debacle

I'm tired of hearing about this everywhere but in hearing about this (too much), I've started thinking about it and these are my thoughts.
Now, I don't know much about her, nor do I know exactly what kind of person she is, but Ivanka Trump seems like a decent person with a decent head on her shoulders and enough intelligence for her business. Recently, Nordstrom dropped Ivanka's fashion line citing poor performance and obviously that's not good news and she's probably very disappointed. But not as much as Donald.

"On February 2, 2017, Bloomberg News reported that Nordstrom would cease to carry Ivanka Trump's branded fashion line, citing weak sales. The retailer cuts 10 percent of its most poorly performing brands each year. Nordstrom's action came after a boycott campaign against retailers carrying products having Trump family labels. In a move that raised continued questions about conflicts of interest in the Trump Administration, President Trump responded with a tweet directed at Nordstrom, condemning the brand for its treatment of his daughter. The company's stock dropped by 0.65% in the aftermath of the tweet before ending the day with a gain of more than 4%. Fortune declared this quick recovery to have broken Trump's market-moving "tweet curse"."
Obviously, this is not something new. They do this every year in order to keep their business up and running well so as to not be dragged down by brands that really just aren't cutting it for them anymore or at the moment. Apparently they even told her last month that her line would be dropped.
""We made this decision based on performance," a Nordstrom spokesperson told NBC News in an emailed statement. "Over the past year, and particularly in the last half of 2016, sales of the brand have steadily declined to the point where it didn't make good business sense for us to continue with the line for now.
"We've had a great relationship with the Ivanka Trump team," the spokesperson continued. "We've had open conversations with them over the past year to share what we've seen and Ivanka was personally informed of our decision in early January."
Nordstrom is not the only place to change business plans, either: Neiman Marcus has stopped selling her jewelry on its website. TJ Maxx instructed employees Wednesday to mix her clothes in with their regular sales racksDespite these current "hardships", I really think that as far as business goes, Ivanka will come out just fine. Unless her father fucks everything up.

Image result for ivanka trump nordstromIvanka is a business woman. This is her career, and her profession, and the way she handled it, or, that her father handled it, (or even his employees for that matter) is unprofessional and childish. You could handle something like this properly and be like "Oh, ok, perhaps we could try to work something out and see if things improve and if they still aren't working we can go our separate ways" or just be like "I see where you're coming from, I respect your business decision and I will find somewhere else for my fashion line" as opposed to her father, and apparently everyone that works for him, getting involved, going on a twitter tirade (instead of focusing on his job as, y'know, THE PRESIDENT) and acting like this has anything to do with his presidency or policies or even the kind of person Ivanka is and crying about it being unfair with an attempt at shaming Nordstrom, their business practices, and using his position to "take a stab" at nordstrom (though they quickly recovered) is not only poor business sense towards a business doing just that, BUSINESS, but it makes how Ivanka handles business issues or maybe just business in general look bad and just plain unprofessional, like her father's just always going to be involved even when it doesn't involve him.
""This is a direct attack on his policies and her name," White House Press Secretary Sean Spicer later said of Nordstrom's move."
This might not be how she wanted to handle things. She probably stepped back from her father's words and handled the situation the way an adult would (one can hope), but the way her father and his employees would just jump into her business the way that he/they did and act the way that he/they did really is a put off for other possible business partners (and maybe any future she could've or still might have with Nordstrom)  and manipulates her business relationships with already standing partners. I know I sure as hell wouldn't want to work with someone who's father would get involved and throw a hissy fit at me and my business if I decided things weren't working out and wanted to end things professionally between us.
I understand a parent wanting to stand up for their child, but it's about knowing when it's necessary.