Huge fashion news! Beyoncé has cut ties with Sir Philip Green by taking 100% control of her fashion brand Ivy Park.
Ivy Park was first launched in 2016 and the athleisure clothing range included hoodies, t-shirts and leggings. Both partners owned 50% of the brand until Beyoncé bought out Sir Philip Green’s stake.
Beyoncé has ended her joint venture with Sir Philip Green after allegations of racial abuse and sexual harassment, buying his 50% stake in Ivy Park.
Parkwood Entertainment now owns the brand in full. pic.twitter.com/QWu9FdeMWd
— BEYONCÉ COLLECTION (@BeyCollection) November 15, 2018
According to the Financial Times, the partnership ended “after discussions of almost a year,” which suggests Beyonce had been trying to gain full ownership before Green was outed as being at the subject of “serious and repeated sexual harassment, racist abuse and bullying.”
Now that Sir Philip is out, Beyoncé fans have heaped praise on the singer. One user wrote “Proudly wearing my
#IvyPark Tank Top today.” And another praised Beyonce for “Always putting her money where her mouth is.”
Although Ivy Park it is likely to disappear from Topshop’s shelves. You can still shop the brand at Nordstrom, Lady Footlocker, PacSun and on the Ivy Park website.