The men’s underwear brand will use the investment to grow its product offering, expand internationally and improve its e-commerce operations.
The tailor is seeking $1.9 million in damages, according to his attorney.
The licenses could be placed in a trust run by the Trump children.
The brand opened a space in Bloomingdale’s 59th Street flagship in Manhattan.
The line of suits and furnishings will be introduced for spring.
The Heat System coats are being sold at Saks Fifth Avenue.
The collection will focus around bracelets and will be carried at Barneys New York and Beverly Hills stores as well as online.
The Australian suit brand will be the only clothing label at the downtown store.