Store giant drops Ivanka brand

US President Donald Trump on Wednesday attacked 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.

Ivanka Trump. Photo: Reuters
Ivanka Trump. Photo: Reuters

Shares of the retailer fell 0.7% after the president's criticism but recovered to trade up 1.3% at $US43.34 on the New York Stock Exchange.

"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 Twitter.

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.

Nordstrom did not respond to requests seeking comment on Wednesday. A spokeswoman for the Ivanka Trump brand declined to comment.

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.

The move by these retailers comes amid an ongoing campaign called #GrabYourWallet, which encourages shoppers to boycott products with ties to President Trump, his family and his donors.

Since winning the US presidential election on November 8, Trump has targeted specific companies on Twitter. But this is his first tweet criticizing a business tied to his family since the victory.

Ivanka Trump ran a clothing and jewelry business bearing her name, in addition to other work for the Trump Organisation, before saying she would resign when her father was sworn in as president last month.

ProPublica reported on February 2 that the Trump Organisation said Ivanka had resigned her positions but that it had not yet filed the changes. The Trump organisation later said the filings would be done by February 3, according to the report.

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