In the beginning of July, rumor had it that Kering, the parent company of BALENCIAGA, will not confirm Alexander Wang’s position as the House’s Creative Director. The designer took over the Balenciaga design department in December 2012 to replace Nicolas Ghesquière that had been hired by Louis Vuitton. Today, it has become official. Alexander Wang will step down after less than three years in the role.
The reason for the split can just be guessed, as it might be hard to grow two labels, Balenciaga and Wang’s successful namesake New York based brand at the same time. It is said that the S/S 2016 collection which will be presented this October during Paris Fashion Week will already be Wang’s last one for Balenciaga.
Rumor has it that Kering is looking for a lesser known designer to replace Wang, having seen the success of Alessandro Michele at Gucci.
Photo: © Sandra Bauknecht, Stills: Courtesy of Balenciaga