FRANCE: PPR names Wang to lead Balenciaga
He will be responsible for designing the luxury brand's women's and men's ready-to-wear and accessories collections, as well as for the brand's image. Wang replaces Nicolas Ghesquière, who left the brand at the start of November.
Wang will continue to operate his own independently-owned fashion house.
Balenciaga president and CEO Isabelle Guichot said: "The Balenciaga fashion house and its staff are proud to welcome Alexander Wang, whose proven talent, modernity and individual and cosmopolitan vision of design will naturally embrace and enrich the unique heritage of this fashion house which will soon be one hundred years old."
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This report provides an update of business news in the following categories: acquisitions, divestments and mergers; company strategies; corporate social responsibility (CSR); financial results; intern...
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