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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.

About Motunrola Olugesinde

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