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Friday, November 16, 2018

Beyoncé Buys Off Clothing Brand Ivy Park

Beyoncé has bought the Ivy Park fitness clothing brand launched two years ago by British retail tycoon Philip Green, who faced allegations of s-xual harassment lately.

“After discussions of almost a year, (Beyoncé’s) Parkwood has acquired 100 percent of the Ivy Park brand,” Ivy Park said in a statement.

It said Green’s Topshop and Arcadia businesses will fulfill existing orders to Ivy Park. No financial details were disclosed.

Ivy Park sells items such as hoodies and leggings, part of a trend toward so called athleisure.

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