Another arm of Donald J. Trump‘s business empire is suffering repercussions from his presidential run: his fashion line.
This excerpt is pulled from Alan Rappeport’s article, “Macy’s Drops Donald Trump’s Fashion Line Over Immigrant Remarks,” published by the New York Times on July 1, 2015.
Macy’s, the department store chain, is ending its relationship with Trump and phasing out his line of suits, shirts and ties after remarks he made during his presidential candidacy announcement about Mexican immigrants.
“We do not believe the disparaging characterizations portray an accurate picture of the many Mexicans, Mexican Americans and Latinos who have made so many valuable contributions to the success of our nation,” Macy’s said in a statement. “In light of statements made by Donald Trump, which are inconsistent with Macy’s values, we have decided to discontinue our business relationship with Mr. Trump and will phase-out the Trump menswear collection, which has been sold at Macy’s since 2004.”
The move comes after a MoveOn.org petition that garnered more than 700,000 signatures calling for Macy’s to cut ties with Trump.
The decision by Macy’s is the latest financial setback for Trump since he announced his candidacy for president. Univision, the Spanish language network, already decided to end its relationship with him, canceling plans to air his Miss USA pageant in July, and NBC Universal followed suit this week after a Change.org petition pressured the network.
Trump said on Wednesday that the breakup was his decision and was made because of pressure that Macy’s was facing from outside groups.