Just weeks after Pip Edwards dejectedly left her PE Nation headquarters when she fired six of her employees, she now seems more cheerful.
The 43-year-old founder of the activewear label was beaming in the sun as she left the company’s headquarters on Friday.
The blonde beauty couldn’t wipe the smile off her face as she was casually but stylishly dressed in khaki pants, camo print T-shirt and gray cardigan.
She brightened up the outfit by wearing funky oversized shoelaces on her white trainers.
The businesswoman kept her hair simple as she tied her short locks into a low bun.
Just a few weeks after Pip Edwards (pictured) was seen glumly firing six of her employees, she now seems more cheerful
Pip wore minimal makeup to show off her natural beauty, while accessorizing it with nude sunglasses and gold earrings.
The Sydney socialite was pictured cuddling and chatting with models outside the building before getting into her car.
This comes just weeks after Pip announced she was downsizing PE Nation due to “challenging market conditions.”
The 43-year-old founder of PE Nation was photographed leaving the company’s headquarters on Friday
Pip beamed as she finished some work on the sunny day
The blonde beauty smiled broadly as she dressed casually yet stylishly in khaki pants, a camo print T-shirt and a gray cardigan
“In response to the challenging economic environment, PE Nation’s board has taken steps to streamline and restructure the company,” Edwards said in an official press release. The Daily Telegraph.
“Unfortunately, this has resulted in the difficult decision to lay off six employees.”
Pip added: “These measures are in line with the overall restructuring efforts required to secure the company’s continued growth and success.”
The businesswoman launched her activewear label PE Nation in 2016 with her friend and business partner Claire, turning it into an international brand sold by 600 individual retailers in 95 countries.
Earlier this year, Pip had to deny rumors of an argument with Claire, whose office had been vacated after a months-long absence and turned into a “creative space.”
The pair took a business trip to the UK together in November 2022, where they promoted their athleisure company, snapped selfies in London and had lunch with former Foreign Secretary Julie Bishop, among others.
The Sydney socialite was pictured cuddling and chatting with models outside the building before getting into her car
Pip wore minimal makeup to show off her natural beauty, while accessorizing with nude sunglasses and gold earrings
But Daily Mail Australia revealed that rumors had been circulating that the deep friendship at the company’s core may have crumbled during their luxury journey.
A source with knowledge of the company’s internal dealings claimed, “Pip and Claire had a fight.”
The source said Tregoning took a month off in December, extended her break for another month in January, and then opted for a further three months leave.
Her office at the company’s Sydney headquarters has now been vacated and set up as a “creative space.”
A spokeswoman for PE Nation denied the pair are arguing, insisting they remain “committed and collaborative business partners.”
Pip issued a statement explaining that the “reshuffle” in her company was due to “challenging market conditions” taking their toll on the fashion brand
“Claire is taking some well-deserved time off and will continue to be an important part of PE Nation,” the spokeswoman said. “(She) is taking a well-earned sabbatical for a few months.”
Tregoning repeated the message when contacted for comment, adding: “The company and Pip are both very supportive of my sabbatical and I am grateful to have this time off with my family.”
She did not respond to questions about the evacuation of her headquarters office, but the PE Nation spokeswoman admitted that it has been repurposed for the duration of her absence.
“While Claire is out of the office, we use her office space for other purposes, including a meeting and creative space,” they said.
Pip Edwards (right) and Claire Tregoning (left) went on a business trip to the UK together in November 2022, promoting their athleisure company and taking selfies in London