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Nicolas Ghesquière To Leave Balenciaga

This morning the fashion industry was rattled by the news that Balenciaga's Creative Director, Nicolas Ghesquière, would be leaving the company on November 30, 2012. The 41 year old designer has held the position as Balenciaga's Creative Director since 1997, a position he obtained when he was only 26 years old.

If that doesn't speak to the level of Ghesquière's talent, I don't know what else will. PPR Chairman François-Henri Pinault has stated that “Cristóbal Balenciaga was a master, a genius whose avant-garde vision dictated fashion’s greatest trends and inspired generations of designers. With an incomparable creative talent, Nicolas has brought to Balenciaga an artistic contribution essential to the unique influence of the house.”

What an incredible compliment. It will be fascinating to see which direction the world-famous luxury brand will go in this coming year. Best of luck.

Ally | Elite.

Photo Credit: Getty Images