Beyoncé buys out her clothing line, Ivy Park, from billionaire accused of harassment. According to NBC news the Billionaire was accused of several sexual harassment and rape accusations.
The singers company known as Parkwood Entertainment now owns 100 percent of Ivy Park clothing line. Beyoncé has been trying to obtain the company for almost a year and has been talking to the owner Phillip Green before the charges came to surface.
“Beyoncé has been under pressure to cut her multimillion-dollar ties with Green since the allegations were exposed; the “Independent Woman” singer is seen by many of her fans as a role model for girl power and is known for taking a stand against injustice.”- NBC News.
Now the brand is solely owned by Beyoncé.