Ye seems to be showing signs of faltering as three of his senior business relationships are no longer or almost nonexistent. On Friday (October 21), the parent company of Balenciaga are said to have revealed the end of their collaboration with the artist.
“Balenciaga no longer has any relationship with nor any plans for future projects involving this artist,” parent company Kering said. Women wear everyday.
Kering did not elaborate on their decision. However, their decision was refreshing after Ye opened the Summer 2023 show in early October. Balenciaga’s Artistic Directors Demna and Ye collaborated on the show which went viral thanks to its design. its mud pit runway. It’s just one of their latest joint projects Yeezy Gap designed by Balenciaga line released in February.
Adidas Venue Collaboration with Yeezy “Under consideration”
The Balenciaga news also follows another partnership involving Kanye West. On October 7, Adidas released a statement praising Adidas Yeezy partnership as “One of the most successful collaborations in [their] industry history. ”
However, numbers aside, Adidas talked about the importance of respect in relation to the partnership – seemingly alluding to such a lack of standards with Ye.
“We also recognize that all successful partnerships are rooted in mutual respect and shared values. After repeated efforts to resolve the situation privately, we have made the decision to place the partnership under review,” the Adidas statement said.
Despite the new partner status, Adidas is committed to “Continuing current co-management [Yeezy] product.” But Ye isn’t too happy with the faltering relationship – choosing to express her displeasure online. He posted a CNBC tweet announcing Adidas’ decision and bringing forward the previously stated allegations against the company.
“F**K ADIDAS! I AM ADIDAS,” Ye wrote. “ADIDAS RAPED AND BROWSE MY DESIGNS.”
Ye has severed Yeezy’s partnership with Gap Inc. in September
Three weeks before Adidas’ announcement, Ye severed ties with Gap. Based on CNBCrapper Nicholas Gravante’s attorney sent a letter to Gap to share concerns in August.
Ye gave the retailer 30 days to “Cures its transgressions,” including the distribution of Yeezy products in its stores and the opening of YZY Gap stores. Nicholas said Gap took no action within the set timeframe. Kanye and Gap CEO Mark Breitbard agree that their agenda is not aligned.
The CEO said in a company memo: “While we share the vision of bringing high-quality, trendy, functional design to everyone through a unique omni experience, with Yeezy Gap, but the way we work together to realize this vision is not uniform.
However, Gap agreed to step up its remaining Yeezy products.
At the time of publication, Ye had not publicly responded to the Balenciaga news.
Amid struggling business relationships, Ye also sat in the hot seat for making anti-Semitic allegations and false claims about the death of George Floyd on a recent episode of the podcast. Drinking Champagne.
Earlier this week, Roxie Washington, the mother of Floyd’s daughter, filed a $250 million lawsuit against Ye for “Harassment, appropriation, defamation and mental distress.”
While speaking on the podcast, Ye said Floyd’s death was caused by fentanyl and not convicted murderer Derek Chauvin who cut Floyd’s air supply for eight minutes on the video.
Kanye said, “they hit [George] with fentanyl, if you look, the boys’ knees aren’t even on his neck like that. “
