Your thoughts about Balenciaga?
Nicolas left Balenciaga. Some are saying he is moving to LVMH, rival of PPR who owns Balenciaga. Some are saying Nicolas G. Was not happy because PPR is pressuring him to be more commercial. Nicolas creative vision is what drives the sales of handbags, accessories, and perfumes. It's what makes everyone dream of Balenciaga. If he becomes less creative with the ready to wear collection, people might loose their appetite for Balenciaga. Others are saying Nicolas left because he is jealous of Hedi because he is getting all the loving right now and also because Nicolas wants more. He wants his own label or to be more creative designing for another brand.
Now that Nicolas is out, Alexander Wang is in. Some people say its a good decision because Alex Wang aesthetic is similar to Balenciaga, he has a cult following, and his designs are commercial which is the direction that Balenciaga wants to do; to sell more clothes. Others are saying that of all the candidates, Alex has the most press and popularity and combined with what Nicolas have achieved for Balenciaga, the prospect isn't so bad. Alex and Balenciaga's goal is to maintain the focus on bags and to develop a more commercial ready to wear, but will it be enought to make people crave Balenciaga?