Adidas has announced a new creative partnership with Beyoncé and her lifestyle label IVY PARK. The deal includes signature footwear, apparel and the relaunch of IVY PARK, which Beyoncé recently acquired 100-percent ownership of. Beyoncé will retain full ownership of IVY PARK, making her the first black woman to be the sole owner of an athleisure brand.
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The Houston diva shares her thoughts on the deal:
“This is the partnership of a lifetime for me. didas has had tremendous success in pushing creative boundaries. We share a philosophy that puts creativity, growth and social responsibility at the forefront of business. I look forward to re-launching and expanding Ivy Park on a truly global scale with a proven, dynamic leader.”

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