Beyoncé to Relaunch Ivy Park After Signing Lucrative Adidas Deal
Beyoncé has partnered up with Adidas to help her relaunch her Ivy Park activewear clothing line.
Adidas announced Thursday that Queen Bey signed a new “multi-layered” deal with the company, where she will serve as a creative partner and launch signature and apparel under the Adidas umbrella.
Adidas said, in part, they were “excited to welcome Beyoncé to the family.”
“This is the partnership of a lifetime for me,” Beyoncé said in a statement. “Adidas 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.”
Via press release:
Beyoncé and adidas are natural partners, both with a deep respect for and commitment to creativity, equity and creators. Neither ascribes to the typical stereotypes of athletes and what athleisure clothing and footwear should be, and instead, will bring to life a shared vision of inclusion that will forever alter the opportunities and landscape for all.
The partnership will result in the co-creation of exciting new products – from performance to lifestyle – and a unique purpose-driven program focused on empowering and enabling the next generation of athletes, creators and leaders. Meaningful and rich storytelling will be the foundation for both Beyoncé’s collection with adidas as well as the re-launch of her Ivy Park brand. This partnership respects Beyoncé’s ownership of her company which continues her journey as one of the first black women to be the sole owner of an athleisure brand.
“As the creator sport brand, adidas challenges the status quo and pushes the limits of creativity through its open source approach. Beyoncé is an iconic creator but also a proven business leader, and together, we have the ability to inspire change and empower the next generation of creators,” said Eric Liedtke, Executive Board Member – Global Brands, adidas
Fun fact: Today, April 4th (4/4) is also Beyoncé and Jay-Z’s 12th wedding anniversary, and the number “4” is their special number.
Happy Anniversary Mr. and Mrs. Carter!