John Galliano on the runway, Jan 2011 during the Christian Dior Haute Couture runway show.

PARIS, Mar 2, 2011/ — The shockwave of John Galliano’s alleged anti-Semitic remarks and his dismissal from Dior is still reverberating in the fashion world with the epicenter in Paris as the Fall 2011 Prêt-a-Porter season is also beginning.

Most fashionistas are very quiet in this very sensitive issue and many feel conflicted. On one hand, they see one of the living geniuses of the design world. On the other, a two-ringed accusation against him about being a racist is hard to dismiss especially after a YouTube video surfaced. (The video has been taken down as of this time.)

Amidst all these furor, John Galliano issued a statement wherein he apologized for the incident yet continues to deny the claims made against him.

Below is the full text of a statement issued on Wednesday by John Galliano through his London law firm, Harbottle & Lewis:

“Since the events of last Thursday evening I have not been able to make any public comment on what took place based upon advice from my French lawyer. However, given the continuing delays at the French Prosecutor’s Office I should make my position clear.

“I completely deny the claims made against me and have fully co-operated with the police investigation.

“A number of independent witnesses have given evidence and have told the police that I was subjected to verbal harassment and an unprovoked assault when an individual tried to hit me with a chair having taken violent exception to my look and my clothing. For these reasons I have commenced proceedings for defamation and the threats made against me.

“However, I fully accept that the accusations made against me have greatly shocked and upset people.

“I must take responsibility for the circumstances in which I found myself and for allowing myself to be seen to be behaving in the worst possible light.

“I only have myself to blame and I know that I must face up to my own failures and that I must work hard to gain people’s understanding and compassion. To start this process I am seeking help and all I can hope for in time is to address the personal failure which led to these circumstances and try and earn people’s forgiveness.

“I have fought my entire life against prejudice, intolerance and discrimination, having been subjected to it myself. In all my work my inspiration has been to unite people of every race, creed, religion and sexuality by celebrating their cultural and ethnic diversity through fashion. That remains my guiding light.

“Anti-semitism and racism have no part in our society. I unreservedly apologise for my behaviour in causing any offence.”