Beyoncé buys out Ivy Park from billionaire businessman accused of harassment
Source: NBC News
Updated 2542 day ago
Updated Nov 15, 2018, 4:06 PM ET
Published Nov 15, 2018, 4:01 PM ET
Her former business partner is known as 'Britain's Donald Trump' for his aggressive deal-making and his billion-dollar fortune.
By Alyssa NewcombBeyonce Knowles and Philip Green on Nov. 4, 2014 in New York.
Dimitrios Kambouris / Getty Images file
Beyoncé is cutting ties with Philip Green, the embattled British billionaire with whom she partnered for her sportswear line Ivy Park, after he was accused in the U.K. of a series of sexual harassment and racial abuse charges.
The singer's company, Parkwood Entertainment, said in a statement on Thursday that it has acquired 100 percent of the athleisure clothing line.
