On 15th of November 2012 188.8.131.52/~fashions/ posted about Nicolas Ghesquière’s exit from Balenciaga after 15-years being with the label. We also predicted Alexander Wang to takeover the coveted post at Balenciaga. Here you can read the earlier post: http://wp.me/p1C8a1-1bC
Yesterday PPR, the luxury conglomerate that owns the brand Balenciaga and its CEO, Isabelle Guichot officially confirmed the appointment of Alexander Wang as the Creative Director of Balenciaga with immediate effect. Guichot added that Wang would “embrace and enrich the unique heritage of the fashion house.”
François-Henri Pinault, chairman and chief executive officer of PPR, described Balenciaga as an “extraordinary fashion house” with “inexhaustible potential” and a “priceless heritage” and added, “Alexander Wang will use his creativity and his own research to reinterpret and immortalize the distinctive, modern and extremely innovative style imposed by Cristóbal Balenciaga.”
“I am deeply honored to embark on this new role for a brand and house that I have such great admiration and respect for,” said Wang, who will also continue at the creative helm of his independently owned fashion house, established in 2005. The 28-year-old is expected to immediately begin work on Balenciaga’s fall-winter 2013 women’s collection.