Home Business News Beyonce cuts business ties with Sir Philip Green

Beyonce cuts business ties with Sir Philip Green

by Purvai Dua
15th Nov 18 12:59 pm

Beyoncé has ended her clothing venture with Topshop boss Philip Green by buying him out of Ivy Park, the clothing label they founded together.

The pair launched Ivy Park in 2016. The first range of tops, sports bras and leggings was modelled by Beyoncé herself.

In a statement today, Ivy Park said: “After discussions of almost a year, Parkwood has acquired 100% of the Ivy Park brand. Topshop – Arcadia will fulfil the existing orders.”

The development comes after disturbing allegations have surfaced against Sir Green. In October, the tycoon was named in Parliament as the person accused of inappropriate conduct, including sexual harassment, bullying and racial abuse.

Sir Green, however, “categorically and wholly” denies the allegations.

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