According to Women's Wear Daily, Kering, the French fashion house parent company to Balenciaga has released a statement saying, "Balenciaga has no longer any relationship nor any plans for future projects related to this artist."

While the statement did not expand further, you have to imagine the decision was made after Kanye's repeated antisemitic attacks and controversies over the past few months.

Kanye and Balenciaga have a long history, and most recently partnered for a Yeezy Gap Engineered by Balenciaga collection that sold like wildfire.

Kanye also opened Balenciaga's Paris Fashion Week show, walking the runway -- and generating a ton of attention for the brand.

Of course, Kanye still has a multi-billion-dollar deal with Adidas -- a partnership the brand has reportedly said was "under review."