Beyoncé Severs Ties With Topshop Owner Philip Green Amid Sexual Harassment & Racism Allegations
For weeks now, allegations of sexual harassment, bullying and racism have been surrounding British billionaire Philip Green. Green, 66, is the owner of the store Topshop.
Last month, The Telegraph wrote a story about a then-anonymous businessman who required several of his employees to sign nondisclosure agreements and payouts to prevent them from going public with the incidents. Not only was Green paying off employees to prevent the abuse from spreading, when The Telegraph was going to publish his identity Green, who was lauded as a British entrepreneur and had been knighted by the Queen of England, paid hundreds of thousands of pounds to keep the information from coming to the light.
But it didn’t work. Since then, people have been asking and suggesting Beyoncé end her business partnership with Green.
In 2014, Beyoncé worked with Green to create Ivy Park. And in 2016, it was sold in TopShop stores. Green also had a share in the company.
But according to The Daily Mail, Beyoncé severed ties with Green by buying back his share in the company for an undisclosed amount.
A spokesperson for Ivy Park released a statement saying, “After discussions of almost a year, Parkwood has acquired 100 percent of the Ivy Park brand. Topshop/Arcadia will fulfill the existing orders.”
Beyoncé is the latest in the list of other celebrities who have distanced themselves from the businessman. Naomi Campbell, Kate Moss and Simon Cowell have also pulled away from Green.
Green has denied all of the claims and says that if anything the allegations can be attributed to banter between himself and his colleagues.