NEW YORK, Nov 5, 2012/ — Fashionistas received shocking news this morning when PPR announced that Nicholas Ghesquière is leaving Balenciaga on November 30th.

Read the whole story at the New York Times:

Top Balenciaga Designer Is Leaving the Company

In a surprising move reflecting the rivalry between two French luxury titans, PPR announced on Monday the departure from Balenciaga of the fashion house’s star designer, Nicolas Ghesquière.


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