New York, NY – Beyoncé has damaged ties with Philip Inexperienced, proprietor Topshop and accomplice in her Ivy Park activewear line.
Previous to this transfer, Bey owned 50 % her clothes firm, which she launched in 2016 beneath the umbrella Arcadia Group. “After discussions nearly a 12 months, Parkwood has acquired 100% the Ivy Park model. Topshop/Arcadia will fulfil the prevailing orders,” Ivy Park stated in a press release, per the Guardian.
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The information comes on the heels Inexperienced being accused bullying and sexual harassment by his employees.
Nevertheless, as Thursday (November 15), Ivy Park nonetheless seem on the Topshop web site. It’s unclear if the merchandise will proceed to be offered by way of the retailer regardless of Inexperienced now not has a monetary stake.
When the model first launched, Beyoncé stated she was in search of to create a brand new sort efficiency put on and selected to work with Topshop as a result of its style credentials and ahead considering.