Just weeks after Pip Edwards left her PE Nation headquarters in a dejected mood and laid off six of her staff, she appears to be in better spirits.
The activewear label’s founder, 43, beamed in the sunshine as she left the company’s headquarters on Friday.
The blonde beauty couldn’t keep her smile from her face as she was dressed casually but stylishly in khaki pants, a camouflage T-shirt and a gray cardigan.
She spiced up the outfit by wearing fancy oversized laces on her white sneakers.
The businesswoman kept her hair simple and tied her short locks in a low bun.
Just a few weeks after Pip Edwards (pictured) was spotted looking dejected after she had laid off six of her staff, she is now in better spirits
Pip wore minimal makeup to show off her natural beauty and teamed it with nude sunglasses and gold earrings.
The Sydney socialite was pictured hugging and chatting with models outside the building before jumping into her car.
This comes just weeks after Pip announced it 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 got her work done on the sunny day
The blonde beauty smiled broadly as she was dressed casually but stylishly: khaki pants, a camouflage print T-shirt and a gray cardigan
“In response to the difficult economic conditions, PE Nation’s board has taken steps to streamline and restructure the business,” Edwards told The Daily Telegraph in an official press release.
“Unfortunately, this has led to the difficult decision to lay off six employees.”
Pip added, “These actions are consistent with the overall restructuring effort necessary to ensure the continued growth and success of the business.”
The businesswoman founded her activewear label PE Nation with friend and business partner Claire in 2016 and grew it into an international brand sold by 600 individual retailers in 95 countries.
Earlier this year, Pip was forced to deny rumors of a falling out with Claire – whose office had been vacated after months of absence and turned into a “creative space”.
In November 2022, the pair took a business trip to the UK together, where they promoted their athleisure company, snapped selfies in London and had lunch with the likes of former Foreign Secretary Julie Bishop.
The Sydney socialite was pictured hugging and chatting with models outside the building before jumping into her car
Pip wore minimal makeup to show off her natural beauty and teamed it with nude sunglasses and gold earrings
But Chron Australia revealed there were rumors the deep friendship at the core of the deal may have been broken during their luxury trip.
A source with knowledge of the company’s internal workings claimed, “Pip and Claire have had a fight.”
According to the source, Tregoning took a month off in December, extended her hiatus by another month in January, and then opted to take another three months vacation.
Her office at the company’s headquarters in Sydney has now been cleared and converted into a “creative space”.
A spokeswoman for PE Nation denied there were any disputes between the two, insisting they remain “dedicated and cooperative business partners”.
Pip issued a statement explaining that the “restructuring” at her company was due to “challenging market conditions” that were taking a toll on the fashion brand
“Claire is taking a well-deserved break and remains an important part of PE Nation,” the spokeswoman said. “[She]is taking a well-deserved break for a few months.”
Tregoning, when asked to comment, reiterated the message, adding, “The company and Pip have both been great supporters of my sabbatical and I’m grateful to be able to spend this free time with my family.”
She did not respond to questions about the vacating of her headquarters office, but PE Nation’s spokeswoman admitted it was 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) took a business trip to the UK together in November 2022, where they promoted their athleisure company and took selfies in London