Adidas to discontinue partnership with Beyonce: Report

Adidas to discontinue partnership with Beyonce: Report

According to the Hollywood Reporter, who was the first to report that the American pop star is cutting ties with Adidas said last Thursday that this decision was taken mutually due to differences in creativity.

FPJ Web DeskUpdated: Wednesday, March 29, 2023, 02:18 PM IST
article-image
Adidas to discontinue partnership with Beyonce: Report |

Adidas has ended its partnership with Beyoncé, reported the Wall Street Journal citing sources familiar with the matter.

If this is confirmed then this will be the second high profile split between Adidas and a celebrity partner. The first one being Kanye West, the German sportswear giant ended the partnership over his antisemitic comments.

According to the Hollywood Reporter, who was the first to report that the American pop star is cutting ties with Adidas said last Thursday that this decision was taken mutually due to differences in creativity.

Adidas and Beyoncé had teamed up in 2018 to introduce the Ivy Park range but according to The Wall Street Journal Ivy Park had been underperforming for a while.

Since the company's breakup with Ye, formerly known as Kanye West the company has not been able to replace the approximately #2 billion in sales that his Yeezy line generated.

RECENT STORIES

Cabinet Okays Higher MSP For Copra For 2026 Season To Boost Farmer Income As Tiptur Variety Seeks GI...

Cabinet Okays Higher MSP For Copra For 2026 Season To Boost Farmer Income As Tiptur Variety Seeks GI...

Centre Approves 100 Per Cent FDI In Insurance Sector; Cabinet Clears Insurance Laws (Amendment) Bill...

Centre Approves 100 Per Cent FDI In Insurance Sector; Cabinet Clears Insurance Laws (Amendment) Bill...

Govt Prioritises Trade Negotiations To Boost Textile Exports; India-UK Pact Offers Zero-Duty Access...

Govt Prioritises Trade Negotiations To Boost Textile Exports; India-UK Pact Offers Zero-Duty Access...

Cabinet Gives Nod For India-Oman Free Trade Pact Ahead Of PM Modi’s Visit

Cabinet Gives Nod For India-Oman Free Trade Pact Ahead Of PM Modi’s Visit

Retail Inflation Inches Upto 0.71 Per Cent In November As Food And Fuel Prices Rise; RBI Sees FY26...

Retail Inflation Inches Upto 0.71 Per Cent In November As Food And Fuel Prices Rise; RBI Sees FY26...