Beyonce Removes Ivy Park Clothing Line From Topshop Following Philip Green Allegations
15 November 2018, 11:59
'Ape Sh*t' singer Beyonce is now the sole owner of Ivy Park, after parting ways with Topshop boss Sir Philip Green.
The ‘Everything Is Love’ singer brought her clothing brand to the high street retail store in 2016 but Beyonce has now withdrawn her support.
The 37-year-old has faced increasing pressure from fans to remove her Ivy Park clothing line from Topshop over serious allegations made against Green.
The businessman was accused of inappropriate conduct in October and also faced allegations about sexual harassment, bullying and racial abuse.
And now, in a statement given to Mail Online, Beyonce’s company Parkwood Entertainment has revealed that it is now the sole owner of the Ivy Park brand.
“After discussions of almost a year, Parkwood has acquired 100 percent of the Ivy Park brand,” said a spokesperson. “Topshop/Arcadia will fulfill the existing orders”.
Until this point, Parkwood and Topshop were equal partners in the Ivy Park brand, owning 50 per cent each.
The sum of the acquisition is undisclosed but it expected to be a significant amount of money.