You guys can decide for yourselves, but they will not get any of my Christmas dollars.
Macy's CEO Says Dumping Donald Trump's Line Was Still the Right Move
Macy’s CEO Says Dumping Donald Trump’s Line Was Still the Right Move
Macy's CEO Says Dumping Donald Trump's Line Was Still the Right Move
But he would also have dropped a Hillary collection
Macy’s M 0.14% CEO Terry Lundgren on Thursday stood by his decision last year to drop president-elect Donald Trump’s clothing line from the department store chain.
In the summer of 2015, Macy’s stopped selling Trump’s line of menswear after the real-estate-developer-turned-Republican-candidate said many Mexican immigrants were rapists or murderers. Despite Trump’s victory on Tuesday and upcoming ascent to the most powerful job in the world, Lundgren said he has no regrets.
“We made our decision about a year and a half ago, and stand by our decision,” Lundgren told TheStreetin an interview.
Macy’s started selling Trump’s menswear line — including $70 dress shirts, $65 ties, and cuff links and watches — in 2004. Trump also appeared in Macy’s commercials. But the department store found Trump’s comments untenable at a time Macy’s was trying to court more Hispanic customers and said it valued diversity.
Macy’s CEO Says Dumping Donald Trump’s Line Was Still the Right Move