Brand owner Kering has decided not to renew with the designer, meaning Balenciaga’s September show is likely to be his last after three years at the French fashion house
The brand marks its centenary year in 2017 but despite its strong heritage, the French fashion house is open to considering a lesser-known name for the top creative role in the business.
Wang joined Balenciaga in December 2012 as the successor to Nicolas Ghesquière, who exited for Louis Vuitton.
On Monday, Kering’s chief financial officer Jean-Marc Duplaix would only say in relation to Wang’s future with the brand “there are ongoing discussions and I won’t comment further.”
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