29 Jul '15, 7pm

Alexander Wang Will Be Exiting Creative Director Position at Balenciaga

Alexander Wang Will Be Exiting Creative Director Position at Balenciaga

But the question on everyone’s mind is why? For the past month there have been whispers that Kering, Balenciaga’s parent company, was not looking to renew Wang’s contract, despite the double digit improvement in sales (an estimated $387.2 million in revenue) and general success of the collections. While the paring of Wang and Balenciaga was clearly not a match made in heaven—one is known for his street-ready aesthetic while the other is a century-old heritage brand steeped in tradition—the marriage of the two has been profitable for everyone. Of course, there’s also talk suggesting Wang is simply leaving to focus on his namesake brand.

Full article: http://www.justluxe.com/fine-living/chatter/feature-19603...

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