New York, NY – Beyoncé has damaged ties with Philip Green, proprietor of Topshop and companion in her Ivy Park activewear line.
Prior to this transfer, Bey owned 50 % of her clothes firm, which she launched in 2016 underneath the umbrella of Arcadia Group. “After discussions of virtually a 12 months, Parkwood has acquired 100% of the Ivy Park model. Topshop/Arcadia will fulfil the present orders,” Ivy Park stated in an announcement, per the Guardian.
The information comes on the heels of Green being accused of bullying and sexual harassment by his workers.
However, as of Thursday (November 15), Ivy Park nonetheless seem on the Topshop web site. It is unclear if the merchandise will proceed to be offered by the retailer regardless of Green not has a monetary stake.
When the model first launched, Beyoncé stated she was looking for to create a brand new type of efficiency put on and selected to work with Topshop due to its trend credentials and ahead considering.