After 15 years of stunning the fashion world with his amazing work and earning Balenciaga millions in revenue, Nicholas Ghesquiere - the genius who helped re-invent the cool label, has ended his tenure as it's Creative Director. It was a joint decision made between him and it's parent company, PPR.
'With an incomparable creative talent, Nicolas has brought to Balenciaga an artistic contribution essential to the unique influence of the house,' Francois-Henri Pinault, PPR chief executive.
With no reason given for his departure, the label insists that it was
'the fruit of a long reflection between the head of the brand and Nicolas Ghesquiere.'
Such a shame, his Spring Summer 2013 Collection was one of the most acclaimed shows during the spring fashion season as well...
So all bets are in, who will become Balenciaga's next Creative Director?