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Beyonce Buys Out Ivy Park, Cuts Ties With Topshop's Sir Philip Green Amid Controversy

Beyonce is cutting ties with Sir Philip Green amid controversy.

The “Formation” superstar’s company Parkwood bought out the Topshop tycoon’s 50% stake in Ivy Park, her clothing label she launched in 2016 with the brand, it was revealed on Thursday (November 15).

PHOTOS: Check out the latest pics of Beyonce

Philip was recently accused of harassment and bullying.

“After discussions of almost a year, Parkwood has acquired 100% of the Ivy Park brand. Topshop/Arcadia will fulfill the existing orders,” Ivy Park confirmed in a statement.

Cristiano Ronaldo's Shirtless Dance Moves Are a Must See!

Cristiano Ronaldo gets his groove on while showing off his dance moves during a relaxing day on a yacht on Saturday (May 30) at Club 55 in St. Tropez, France.

The 30-year-old Real Madrid soccer player went shirtless and showed off his incredible physique while spending the day with Topshop billionaire Sir Philip Green and his family, including daughter Chloe Green.

PHOTOS: Check out the latest pics of Cristiano Ronaldo

It looks like Cristiano and his buddies were rehearsing a dance to a song. Check out all their moves in the gallery below!

“Summer is coming! Put your best foot forward and shine in my shoes! Discover my CR7 Collection,” Cristiano tweeted the day before to plug his new line.

45+ pictures inside of Cristiano Ronaldo showing off his body in St. Tropez… More Here! »

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Philip Green Photo Gallery

Beyonce Hits the Black Carpet for Topshop's Store Opening!

Beyonce struts her stuff on the black carpet at the Topshop Topman Flagship Store Opening on Tuesday evening (November 4) at Grand Central Terminal in New York City.

The 33-year-old singer was joined on the carpet by Sir Philip Green, the man who owns the fashion brand.

PHOTOS: Check out the latest pics of Beyonce

Earlier in the day, Beyonce confirmed that she will be dropping some new music later this month!

Beyonce recently announced that she is joining forces with Topshop to create an activewear line that will arrive in fall 2015.

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Gwyneth Paltrow: Get Goop's First App!

Gwyneth Paltrow leaves The Arts Club with Topshop owner Philip Green on Thursday (December 15) in London, England.

The 39-year-old actress recently updated her Goop newsletter to let fans know about the website’s “goop city” app now available on Apple.com.

“I have always dreamed of finding a city guide that would be just right for me, like a trusted friend whose opinion you knew you could count on. After years of being steered in the wrong direction by bribed concierges, biased opinions and just plain bad suggestions, I decided to create what I had been missing: The goop City Guide!” Gwyn wrote.

“We begin with New York City and you can expect many more over the coming months. This app will be your resource for the tried and tested of the best and coolest of Manhattan (and Brooklyn, and a bit of Queens, the Bronx and New Jersey). After a lot of careful curation and hard work, our first ever app (that will update from time to time with the freshest, most cutting-edge info) is ready for purchase on the App Store!” she added.

FYI: Gwyneth is wearing “Faux Astrakan Leighton” coat by Bird Juicy Couture.
More Here! »

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