Pip Edwards wears $1000 Balenciaga slides as she goes to a Pilates class in Sydney
Pip Edwards shows off her $1000 Balenciaga slides as she heads to a Pilates class in Sydney
Pip Edwards is known for her love of designer clothes and accessories.
And on Saturday, the PE Nation founder, 42, showed off her designer slides as she stepped out in Sydney.
The activewear designer wore black Balenciaga sandals, which retail for $1020, when she attended a Pilates class.
Pip kept warm in a brown sweater from her collection and black sweatpants when she arrived at the studio.
The Sydney socialite kept a low profile in sunglasses and a hoodie as she parked her car and crossed the road.
Pip Edwards (pictured) showed off her $1000 Balenciaga slides as she headed to a Pilates class in Sydney on Saturday
The sighting comes on the heels of the unfortunate news of PE Nation downsizing due to “challenging market conditions.”
“In response to the challenging economic environment, PE Nation’s board has taken steps to streamline and restructure the business,” Edwards said in an official press release to 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 Sydney socialite launched her activewear label PE Nation in 2016 with her friend and business partner Claire Tregoning, turning it into an international brand sold by 600 individual retailers in 95 countries.
Pip kept warm in a brown sweater from her collection and black sweatpants when she arrived at the studio
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.
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.
The Sydney socialite kept a low profile in sunglasses and a hoodie as she parked her car and crossed the road
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.”
The post comes on the heels of the unfortunate news of PE Nation downsizing due to ‘challenging market conditions’
“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.
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’.