{"id":4399,"date":"2018-11-15T12:30:04","date_gmt":"2018-11-15T12:30:04","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/beyonce-buys-out-ivy-park-venture-from-sir-philip-green\/"},"modified":"2018-11-15T12:30:04","modified_gmt":"2018-11-15T12:30:04","slug":"beyonce-buys-out-ivy-park-venture-from-sir-philip-green","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/beyonce-buys-out-ivy-park-venture-from-sir-philip-green\/","title":{"rendered":"Beyonc\u00e9 buys out Ivy Park venture from Sir Philip Green"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Beyonce and Philip Green\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/1022E\/production\/_104349066_beyonce_green_getty.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Beyonc\u00e9 has ended a business venture with Topshop boss Sir Philip Green by buying him out of Ivy Park, the gymwear label they founded together. <\/p>\n<p>The pair launched Ivy Park two years ago, playing on the personal brand of the US singer and outspoken feminist. <\/p>\n<p>The buyout comes weeks after Sir Philip was named as having taken legal action to prevent publication of allegations of sexual harassment of staff.<\/p>\n<p>Sir Philip says he &#8220;categorically and wholly&#8221; denies the allegations.<\/p>\n<p>However, Beyonc\u00e9 had faced pressure from campaigners to cut ties.  <\/p>\n<p>In a statement on Thursday, Ivy Park said: &#8220;After discussions of almost a year, Parkwood has acquired 100% of the Ivy Park brand. Topshop &#8211; Arcadia will fulfil the existing orders.&#8221;<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"http:\/\/www.bbc.co.uk\/news\/business-36139828\" class=\"story-body__link\">Sir Philip Green: From &#8216;King of the High Street&#8217; to &#8216;unacceptable face of capitalism&#8217;<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"http:\/\/www.bbc.co.uk\/news\/uk-45987084\" class=\"story-body__link\">Naming Green &#8216;right thing to do&#8217;, says Hain<\/a><\/li>\n<\/ul>\n<p>Ivy Park sells items such as hoodies and leggings, part of a trend towards so called athleisure. <\/p>\n<p>Beyonc\u00e9 and Sir Philip had both owned 50% stakes in the label, which is named after the singer&#8217;s daughter with rapper Jay Z, Blue Ivy.    <\/p>\n<figure class=\"media-landscape no-caption full-width\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                 <span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p>Sir Philip, one of Britain&#8217;s best known businessmen, was named in parliament last month by Lord Hain as the man behind a court injunction preventing the publication of allegations of sexual harassment and racial abuse of staff.<\/p>\n<p>In a statement last month, he denied having broken the law and said his businesses fully investigated employee grievances.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45765336\" class=\"story-body__link\">Topshop dismantles feminism pop-up<\/a><\/li>\n<\/ul>\n<p>However, campaign Equality Now had called for Beyonc\u00e9 to end her relationship with the tycoon, arguing it was at odds with her stated principles. <\/p>\n<p>Yasmeen Hassan, from the campaign group, said in October: &#8220;Beyonc\u00e9 has put herself forward as a women&#8217;s rights activist. She and her team need to look closely at these allegations.&#8221;<\/p>\n<p>Another activist, Nimco Ali, said: &#8220;Beyonc\u00e9 should say &#8216;I don&#8217;t want to work with Philip Green&#8217;.&#8221;<\/p>\n<p>A representative of Sir Philip would not comment further on the Ivy Park deal, while Beyonc\u00e9 could not be reached for additional comment.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46220057\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Beyonc\u00e9 has ended a business venture with Topshop boss Sir Philip Green by buying him out of Ivy Park, the gymwear label they founded together. The pair launched Ivy Park two years ago, playing on the personal brand of the US singer and outspoken feminist. The buyout comes weeks after Sir &hellip; <\/p>\n","protected":false},"author":0,"featured_media":4400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4399"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/4400"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}