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Ivanka Trump’s jewelry line owes more than $5K in back taxes – Metro US

Ivanka Trump’s jewelry line owes more than $5K in back taxes

Ivanka Trump’s jewelry line owes more than $5K in back taxes
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While her namesake brand faces backlash by consumers — prompting stores to remove clothing and jewelryfrom their racks — Ivanka Trump’s jewelry line is taking another blow.

The first daughter’s Manhattan-based jewelry store, Ivanka Trump Fine Jewelry, apparently owes $5,165.06 in unpaid taxes, according to a New York state lien filed on Jan. 26, the Daily Mail reported.

The Fifth Avenue flagship shop, formally registered as Madison Avenue Diamonds LLC, sells diamond jewelry starting at $1,000 and going up to $20,000. According to its website, Trump’s line is available in more than 60 jewelry stores worldwide, including Neiman Marcus.

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However, opponents of President Donald Trump who created the #GrabYourWallet campaign have been urging retailers to drop the Trump family brands. Those labels include the president’s home goods line and Ivanka Trump’s clothing and jewelry brand for women.

Neiman Marcus, still promoted as a partner on the first daughter’s website, yanked her brand from stores and online at least as early asFebruary, citing poor sales and tough backlash.

Nordstrom also pulled Ivanka’sbrandfrom stores earlier this month, inciting harsh words from the president, who tweeted that she “has been treated so unfairly.”

And the president’s counselor Kellyanne Conway also faced a headache — and possibly legal blowbacks — for promoting Ivanka Trump’s brand from the White House briefing room earlier this month.

“Go buy Ivanka’s stuff,” Conway said on Fox News. “I’m going to give a free commercial here. Go buy it today, everybody. You can find it online.”

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Conway’s comments prompted criticism from lawmakers across the aisle, and some legal experts believe she may have violated ethics rules that prohibit using a public office to endorse products.

Still, Trump’s sales are tanking.

Nordstrom’s sales of Ivanka Trump’s line of clothing and shoes fell by nearly one-third in the past fiscal year, with sharp drops in sales in the weeks before her father was elected president, the Wall Street Journal reported.

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This lien isn’t the jewelry brand’s first legal stumble, either.

The New York State Supreme Court ordered Madison Avenue Diamonds, which functions as the exclusive wholesaler for the first daughter’s branded line, to pay upwards of $2.375 million in 2015.

The dispute stemmed from Trump refusing to pay its supplier KGK jewelry because it allegedly violated a contract by returning computer design files one day late, according to a press release.