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Fortune
Fortune
Chris Morris

Beyoncé's Ivy Park clothing line hasn't been a hot seller. Now she and Adidas are parting ways

(Credit: Christopher Polk—Variety/Getty Images)

Adidas is parting ways with another high-profile celebrity partner, only this time under much better circumstances.

The footwear company and Beyoncé will end their working relationship following the release of the latest collection of Ivy Park merchandise later this year. Sales of the brand have underperformed expectations, and dropped considerably last year.

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