Beyoncé Buys Out Ivy Park From Billionaire Businessman Accused of Harassment

Topshop Topman New York City Flagship Opening Dinner
Beyonce Knowles and Philip Green on Nov. 4, 2014 in New York.Dimitrios Kambouris / Getty Images file

Entertainer Beyoncé is cutting ties with Philip Green, the embattled British billionaire with whom she partnered for her sportswear line Ivy Park, after he was accused in the U.K. of a series of sexual harassment and racial abuse charges.

The singer’s company, Parkwood Entertainment, said in a statement on Thursday that it has acquired 100 percent of the athleisure clothing line.

Beyoncé and Green teamed up in 2014 to develop the brand, which includes leggings, sports bras and hoodies, and features the singer in its ads and promotional campaigns. The clothing range went on sale in 2016 at Green’s Topshop retail chain to much fanfare.

The decision to take sole ownership of the brand comes “after discussions of almost a year,” according to the statement, predating Green’s current troubles.

After an eight-month investigation, Britain’s Daily Telegraph published a story last month called “The British #MeToo scandal which cannot be revealed.” The newspaper said a court injunction prevented it from naming the businessman or reporting the details of his alleged behavior and how he used non-disclosure agreements to buy the silence of his accusers.

 
Read more starting at ‘Green was later outed as the man in question’ at….Beyoncé buys out Ivy Park from billionaire businessman accused of harassment

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