Ivanka Trump is closing her fashion brand

Ivanka Trump is closing her namesake fashion brand, the First Daughter announced in a statement Tuesday, roughly a year after stepping down from her role at the company to take on a senior position at the White House.

"After 17 months in Washington, I do not know when or if I will ever return to the business, but I do know that my focus for the foreseeable future will be the work I am doing here in Washington, so making this decision now is the only fair outcome for my team and partners."