Donald Trump's Menswear Line Dropped by Licensor
So long, Trump neckties.
After Macy's announced last week that it would be severing ties with Donald Trump and his eponymous menswear clothing collection following his controversial comments about Mexican immigrants, PVH Corp., the company which licensed the line, has announced that they will also be jumping Trump's sinking ship. With Macy's — which was the sole retailer of the Donald J. Trump Signature Collection of neckwear and dress shirts — out of the picture, the company stated to Forbes that they "are in the process of winding down this business. The license agreement was scheduled to run through 2018."
The New York-based brand, which first began its relationship with Trump in 2004 by licensing and distributing his dress shirts, is the parent company of well-known brands including Calvin Klein, Tommy Hilfiger and Speedo, and has licensed other projects including Sean Combs' Sean John line and Max Azria's BCBG Max Azria. In 2014, the company was the second-biggest licensor in the world, falling behind only The Walt Disney Co.
In a separate statement to Forbes, Trump remarked that he had no ill will toward PVH Corp., noting, “They were a direct relationship to Macy’s. They’ve been very nice.”