Designer Alexanader Wang and fashion house Balenciaga have decided to their part their ways.
According to market sources, American designer, who signed on as creative director of the French fashion house would not be renewing his contract with Balenciaga parent company Kering. Wang will present his last collection for the company at the spring 2016 Paris show which is slated for this October.
Balenciaga got increased visibility since the 31-year-old took the reins a few years back and showed double-digit growth. But according to speculations Wang’ wanted to put focus, more time and energy on his namesake label.
