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On Tuesday, Chief Executive Matt Levatich stood by the company’s move, calling it “the best decision, given the circumstances.”. Trade tariffs have compounded the troubles of a company that has been grappling with an aging customer base, weak demand from younger buyers and discounts offered by its rivals. Europe is Harley’s second biggest market after the United States. While U.S. retail sales fell 6.4 percent in the last quarter from a year ago, European sales were up about 4.3 percent year-on-year and accounted for half of international revenue.

(Reuters) - U.S, President Donald Trump’s daughter Ivanka Trump on Tuesday said she was shutting her fashion line to focus on her role as an informal White House adviser, where she is working on advancing working women, Since Trump’s surprise November 2016 election, his family has stylish pink mother of pearl cufflinks faced criticism that its portfolio of real estate and consumer goods businesses, which lean heavily on the Trump name as a marker of luxury, conflict with their roles as Washington officials, Critics of the president called the shutting of the brand a victory for a boycott of Trump-tied businesses that began late in the 2016 campaign..

“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,” Ivanka Trump, 36, said in a statement on Tuesday. Amid criticism of potential conflicts of interest, Ivanka Trump in 2017 gave up day-to-day management of her clothing company and put its assets in a trust managed by family members. Her company said licensing contracts would not be renewed and those in place will be allowed to run their course. Mid-priced women’s clothing, shoes and accessories were sold under the label. The 18 people who work for the 11-year-old company will be laid off as it shuts down.

Since Trump’s election, retailers including Nordstrom Inc (JWN.N), Hudson’s Bay Co (HBC.TO) and Sears Holdings Corp SHLD.O have dropped or sharply scaled back their assortment stylish pink mother of pearl cufflinks of Trump-branded products, though they typically attributed those decisions to poor sales rather than political messages, Ivanka Trump’s brand said in a statement that retailers including Bloomingdale’s, owned by Macy’s Inc (M.N), Dillard’s Inc (DDS.N) and Inc (AMZN.O), continued to carry her wares..

According to the Wall Street Journal, online sales of Ivanka Trump’s brand fell nearly 55 percent in the 12 months to June, compared with the year-earlier period, citing Rakuten Intelligence, which gathers email receipts from 5.5 million U.S. consumers. Trump’s combative style on the campaign trail and as president have drawn the family’s brands into political fights, with some supporters hosting events at the luxury Trump International Hotel blocks from the White House even as opponents stage boycotts.

The president has been a loud advocate for domestic manufacturing, prompting criticism that much of the Ivanka Trump line was made overseas, as is the vast majority of clothing and footwear sold in the United States, According to media reports, much of her product line has been sourced from China, which is the target of tariffs imposed by the president in a trade conflict, The most organized boycott of stylish pink mother of pearl cufflinks Trump-related businesses, “Grab Your Wallet,” called the news about Ivanka’s business a victory..

SEOUL (Reuters) - Asian memory chipmakers’ production plans and outlook will be closely watched as they start reporting earnings this week, following sharp falls in their stock prices due to concerns that a 2-year industry super-cycle may be skidding to a halt. The $121 billion global memory chip industry has enjoyed an unprecedented boom since late 2016, with profits surging to record highs and margins rising above 70 percent thanks to disciplined production after years of consolidation. But the industry’s shift to a newer technology of 3D NAND flash stacks - which are cheaper to assemble than outgoing two-dimensional chips - has seen output grow faster than demand this year and forced smaller players to aggressively cut prices to keep market share.

Average NAND flash memory chip prices have nearly halved from a peak in 2017, and concerns of further declines sent shares of the major producers such as South Korea’s SK Hynix (000660.KS) down 7 percent on Monday, NAND flash memory chips, used for longer-term data storage, are found in mobile devices as stylish pink mother of pearl cufflinks well as memory cards, USB flash drives and solid-state drives, “The margins are getting worse mainly because the average selling price decrease turns out to be much faster than cost reductions,” said Alan Chen, director at market research firm DRAMeXchange..

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