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Rapper and designer Kanye West, now known as ‘Ye’, announced that he will be teaming up with luxury European fashion house Balenciaga for a new line to sell in Gap stores.

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Yeezy Gap, engineered by Balenciaga, a collaboration between West and Balenciaga’s creative director Demna Gvasalia, will launch with the Yeezy Gap release released this year, according to a press release.

west first indicated Posting a clause of a contract between Gap, West’s brand Yeezy and Balenciaga, in an upcoming collaboration, took to Instagram on Friday morning.

Slated for First Yeezy Gap-Balenciaga Drop Junewith each other, planned for later in the year, according to the trend,

Gap’s share price was down slightly after the announcement Friday morning, falling nearly 2% after the market opened.

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