Nicolas Ghesquiere will leave Balenciaga this month

Paris time on November 5, PPR luxury goods group and Balenciaga jointly issued a news, saying that with the design director Nicolas Ghesquiere reached an agreement, will soon terminate the two sides up to 15 years of cooperation.

This is another major substitution event in the fashion circle in 2012. Nicolas Ghesquiere, who joined the brand in 1997, re-branded Balenciaga as the most iconic fashion brand, and he did not have any warning before leaving. This shows that both parties are also resentful. Long time. It is rumored that PPR has always had considerable opinions on the sales of the brand, and that Hedi Slimane’s utmost attention after joining YSL became the last straw to tie the relationship between Nicolas and Balenciaga.

There is no news yet about the next move of Nicolas Ghesquiere.


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