The Ivy Park vogue model is now wholly-controlled by Beyoncé amidst quite a few allegations impropriety involving accomplice Topshop.
Last yr, we pointed to a raft accusations that Beyoncé’s Ivy Park clothes line was successfully working sweatshops in Sri Lanka. After allegedly paying pennies to employees toiling in unsafe situations, the model then slapped exorbitant costs on its remaining merchandise — with Beyoncé and different celebrities lending the star energy to make all of it attainable.
Now, there’s one other wave accusations. Just this morning, Beyoncé’s enterprise entity Parkwood has severed all ties with its 50/50 accomplice in Ivy Park, Topshop proprietor Sir Phillip Green.
Green is the billionaire who owns Arcadia Group, which in flip owns Topshop. That gave the impression to be a fruitful partnership at first, although Green has been battling accusations sexual abuse, racial discrimination, and bullying his workers, throughout numerous corporations.
Green has “categorically and wholly” denied the accusations, although they quickly took on a life their very own. Ultimately, a member British Parliament accused the billionaire taking deliberate steps to muzzle the accusations, and Ivy Park has been going through stress to sever ties.
Which is precisely what has now occurred.
The Ivy Park deal was totally structured via the Topshop entity. “After discussions nearly a yr, Parkwood has acquired 100 p.c the Ivy Park model,” Parkwood disclosed in a press release, whereas noting that Topshop will fulfill any remaining orders earlier than fully exiting the partnership.
Green has but to fer any remark.
Leading the cost to dump Topshop was Equality Now, a gaggle that centered on points gender equality. “Beyoncé has put herself ahead as a ladies’s rights activist,” the group’s Yasmeen Hassan stated final month. “She and her staff have to look carefully at these allegations.”
Ivy Park, which is a female-focused ‘athleisure’ vogue model, has labored with high-wattage superstars like SZA, Yara Shahidi, and Sophie Koella, amongst others.
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