In the midst of the ongoing White Lives Matter issue, Kanye West has recently come under fire for his anti-Semitic rants.
The fashion businesses that collaborate with the rapper were urged to take a statement after his latest comments generated a commotion.
The rapper, who is renowned for working with well-known companies in the field, appeared to have suffered a financial setback.
Adidas reportedly said their contract with the Jesus Walks rapper was "under review" just recently, and now it's been alleged that Balenciaga has also severed ties with West.
Kanye reportedly recruited new legal counsel to review his company agreements amid the continuous commercial issues.
The brands' stance against the musician has not elicited a public response from the rapper.
Recently, David Schwimmer used Instagram to criticise Kanye's remarks, saying that despite his anti-Semitic remarks, brands won't let him go.
Schwimmer posted a video of the rapper boasting about the same on his Instagram while tagging a company and requesting that they take a stance.
The rapper's account was suspended by the social media site after Kanye recently went on an Instagram tirade for breaking their rules.
Later, the rapper returned to Twitter to continue posting his divisive messages.