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Sun Dec 23, 2018, 08:42 PM

Trump's businesses take a hit as the brand 'has lost its mojo'

This discussion thread was locked as off-topic by The Polack MSgt (a host of the Latest Breaking News forum).

Source: AP via Marketwatch

When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president’s businesses.

Donald Trump’s golf resorts in Scotland had just posted millions of dollars in losses, one of his hotels in Panama had rebranded itself a Marriott MAR, -1.26% , and New York officials announced they were looking into how he avoided paying tens of millions in taxes.

All that, along with the daily drumbeat of Trump tweets and headlines about investigations into his administration, led Austin, Texas, tech executive Gary Barrett to finally give up hope of ever turning a profit on an apartment he bought as an investment in a Trump tower in Las Vegas.

“People with enough cash to buy these units seem to be shying away from the Trump name,” says Barrett, calling it “the Trump effect.”

From golf fees and licensing deals to prices for Trump condos, many metrics used to gauge his business in the first two years of his presidency are down as the divisive comments and policies so beloved by his political base have turned off a group just as dear to him — the affluent who fuel his businesses.

Read more: https://www.marketwatch.com/story/trumps-businesses-take-a-hit-as-the-brand-has-lost-its-mojo-2018-12-23

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Replies to this discussion thread
Arrow 12 replies Author Time Post
Reply Trump's businesses take a hit as the brand 'has lost its mojo' (Original post)
UpInArms Dec 23 OP
GP6971 Dec 23 #1
iluvtennis Dec 23 #8
BootinUp Dec 23 #2
JI7 Dec 23 #3
Merlot Dec 23 #4
Roy Rolling Dec 23 #5
TlalocW Dec 23 #6
NCjack Dec 23 #11
NRaleighLiberal Dec 23 #7
dhol82 Dec 23 #9
catbyte Dec 23 #10
The Polack MSgt Dec 23 #12

Response to UpInArms (Original post)

Sun Dec 23, 2018, 08:44 PM

1. Good.

May the trend continue and grow.

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Response to GP6971 (Reply #1)

Sun Dec 23, 2018, 10:07 PM

8. good +1000

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 08:49 PM

2. Delicious. Nt

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 08:57 PM

3. MERRY CHRISTMAS

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 08:59 PM

4. Oh yes, that trumpft building in Vegas

A lot of condos for sale in that building....which is coveniently listed as "Fashion Square" but you can't miss the gaudy gold label on the top of the building. Wonder when enough people who can't sell their condos will petition to take the name down.

I also found a condo for sale on "Tiger Woods Avenue"

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 09:21 PM

5. Branding Opportunity

I wish I had trademarked "no shit, Sherlock" for him.

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 09:25 PM

6. I really hope that golf course in Scotland goes under

He seems to take a lot of pride in that one, claiming the Scots love him (they don't), and he's meddled with Scotland too much like trying to keep offshore windmills from being built, etc.

TlalocW

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Response to TlalocW (Reply #6)

Sun Dec 23, 2018, 10:20 PM

11. Donny, the sheep want their pasture back. nt

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 10:05 PM

7. nothing but lumps of coal for the orange asshole!

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 10:13 PM

9. Nice.

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Response to UpInArms (Original post)

Sun Dec 23, 2018, 10:15 PM

10. I hope the trump "brand" becomes so toxic they can't even get a trailer park

in Bumfuck, AR named after them. They'll be forced to relinquish their name on "properties" everywhere but, perhaps, Moscow & Riyadh. Oh, maybe he & Little Rocket Man can come to terms on Trump Tower Pyongyang.



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Response to UpInArms (Original post)

Sun Dec 23, 2018, 10:22 PM

12. This is a good piece of analysis of the trends surrounding 45's businesses

But trends are not "events of national interest" and analysis is not "news" as defined by the Late Breaking News' SOP.


So I like the article and was glad to read it - Thanks for the link - It should be posted in GD.

I feel like an asshole over it, since this is a good OP but I have to lock this.

Peace, The Polack MSgt

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