Beyoncé Buys out IVY PARK Amidst Philip Green's Sexual Harassment Allegations

Following reports of British retail tycoon Sir Philip Green losing his position as chairman of Arcadia group amidst sexual harassment allegations, it has now been confirmed Beyoncé has bought out the lifestyle label IVY PARK.

Green founded the line and was equal partners with Topshop, holding 50% stakes however now, Beyoncé has bought the line outright. According to an IVY PARK spokesman, the acquisition comes after “discussions of almost a year.” A sanction previously prevented Green...

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