President Donald Trump's modeling agency is reportedly preparing to shut down.
"The Trump Organization is choosing to exit the modeling industry," Trump Model Management head Corinne Nicolas wrote in an email to colleagues, Mother Jones reported.
"On the heels of the recent sale of the Miss Universe Organization, the company is choosing to focus on their core businesses in the real estate, golf, and hospitality space."
According to Mother Jones, the president retains an 85 percent stake in the 18-year-old modeling agency, one of several firms operating under the Trump Organization's umbrella.
The newest indication of a shutdown follows a statement from the Trump Organization to the New York Post last week, when it confirmed "on the heels of the recent sale of the Miss Universe Organization, the Trump Organization is choosing to exit the modeling industry."
Mother Jones reported last week the agency has been hit by a departure of models and senior staff, as well as allegations the agency hired models who lacked appropriate documentation to work in the United States – charges the agency denied.
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