The move came after several offensive comments from Ye, including antisemitic posts that earned him suspensions from Twitter and Instagram.
"Balenciaga has no longer any relationship nor any plans for future projects related to this artist," parent company Kering told Women's Wear Daily in response to a query Friday without elaborating.
The company did not respond to multiple emails and calls from The Associated Press requesting comment. A representative for Ye also did not respond to a request for comment.