Beyoncé Buys Back Ivy Park From Topshop

Beyoncé is cutting ties with Topshop tycoon Sir Philip Green. The singer’s company Parkwood has bought Green’s 50% stake in her athleisure clothing company Ivy Park, which launched two years ago. "After discussions of almost a year, [Beyoncé's] Parkwood has acquired 100 percent of the Ivy Park brand," Ivy Park said in a statement.  The move comes weeks after the British retail tycoon was publicly accused of sexual and racial harassment of staff. Campaigners had pressured Beyoncé to cut ties with Green.

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