Beyoncé has officially asked British retail tycoon Philip Green to put everything he owns at Ivy Park in the box to the left. Queen Bey is taking full ownership of her fitness clothing brand amid allegations of sexual harassment and racial abuse against Green by his staff, Business of Fashion reports.
“After discussions of almost a year, [Beyoncé’s] Parkwood has acquired 100 percent of the Ivy Park brand,” according to an Ivy Park statement.
Few additional details are available as of now due to pending lawsuits, but here’s what we know so far. For the past two years, Green’s Topshop and Arcadia factories have been producing Ivy Park’s much-hyped streetwear and workout clothes. They’ll continue to fulfill all current orders, but TBD on who will be manufacturing Bey’s brand moving forward.
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