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@weareivypark

Beyoncé just bought Ivy Park back from Topshop’s Philip Green

The clothes I’m wearing... I bought it

Since it launched in 2016, Beyoncé’s athleisure label Ivy Park has been stocked at Topshop, with parent company Arcadia owning a 50 per cent of the brand.

According to Metro, the singer has bought back Arcadia boss Philip Green’s share and now owns 100 per cent of the company.  It follows Green being named in Parliament as the businessman attempting to stop the press writing about his alleged sexual and racial abuse – he denies all allegations.

The reasoning behind the split is unclear, with a spokesperson saying: “After discussions of almost a year, Parkwood has acquired 100 per cent of the Ivy Park brand. Topshop/Arcadia will fulfil the existing orders.” Ivy Park has previously faced criticism for using sweatshop workers to create it’s clothing – reportedly earning as little as 64 cents an hour. Following the split, there will be those hoping Arcadia’s factories will no longer be used to create the collections, in favour of better, more ethical working environments. 

With the label celebrating all different types of women – Laverne Cox, Grace Bol, and a group of young figure skaters in Harlem have fronted previous campaigns – it’s likely that Beyoncé wanted to remind you who runs the world… Girls!