(Getty) Nicolas Ghesquiere with actress Jennifer Connelly in New York in 2010Shock announcement this morning:
Nicolas Ghesquiere, the much-heralded creative director who's been credited with building
Balenciaga into
the must-have luxury label over the past 15 years, has left the company.
No definitive reason was offered, besides a brief press release under the headline: "The Balenciaga fashion house and Nicolas Ghesquiere announce their joint decision to end their partnership."
"Cristobal Balenciaga was a master, a genius whose avant-garde vision dictated fashion's greatest trends and inspired generations of designers," said PPR Chairman and CEO
Francois-Henri Pinault in the statement. "With an incomparable creative talant, Nicolas has brought to Balenciaga an artistic contribution essential to the unique influence of the house.
"
More details here as the story unfolds.
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