Multi-millionaire singer and businesswoman Beyoncé has ended her business partnership with Sir Philip Green, weeks after the Topshop boss was publicly accused of sexual and racial harassment.
Beyoncé bought Sir Philip out of Ivy Park, the gymwear label with a feminist ethos that they founded together two years ago.
"After discussions of almost a year, Parkwood has acquired 100 per cent of the Ivy Park brand," Ivy Park said in a statement. "Topshop - Arcadia will fulfil the existing orders."
Beyoncé and Sir Philip had both owned 50 per cent in Ivy Park, a brand which sells athleisure clothes, and which is named after the singer’s eldest daughter, Blue Ivy.
Sir Philip, one of Britain's most prominent businessmen, was named in the UK parliament last month as having taken legal action to prevent publication of allegations of sexual harassment and racial abuse of staff.
In a statement last month, he denied having broken the law and said his businesses fully investigated employee grievances.