It seems Ye’s troubles are compounding as Balenciaga reportedly cut ties with him. The parent company of Balenciaga reportedly revealed the end of their partnership with the artist on Friday.
“Balenciaga has no longer any relationship nor any plans for future projects related to this artist,” parent company Kering told Women’s Wear Daily.
Kering however, did not elaborate on their decision. Their decision is fresh comes barely weeks after Ye’s opening of their summer 2023 show in early October. Balenciaga’s artistic director Demna and Ye also collaborated on the show that went viral for its mud pit runway set-up. It was just one of their latest joint projects following their Yeezy Gap Engineered by Balenciaga line released in February.
The news about Balenciaga comes after another failed partnership involving Kanye West. Adidas earlier praised the Adidas Yeezy collaboration as “one of the most successful collaborations in [their] industry’s history” in a statement they issued on October 7.
But, Putting numbers aside, Adidas stressed the value of respect in regards to partnerships, clearly implying that Ye fell short of these requirements.
“We also recognize that all successful partnerships are rooted in mutual respect and shared values. After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review,” Adidas’s statement said.
Despite the new partnership status, Adidas pledged to “continue to co-manage the current [Yeezy] product.” But Ye didn’t take too kindly to the shaky relationship–choosing to express his grievances online. He posted a CNBC tweet announcing Adidas’s decision and launched previously stated accusations against the company.
“F**K ADIDAS! I AM ADIDAS,” Ye wrote. “ADIDAS RAPED AND STOLE MY DESIGNS.”