Nicolas Ghesquière Exits Balenciaga

The acclaimed French designer to leave the label

Kristen Stewart and Nicolas Ghesquiere

Photo Courtesy of Balenciaga

Another round of musical chairs…

Acclaimed French designer Nicolas Ghesquière will exit Balenciaga at the end of the month following 15-years of groundbreaking fashion. Following a break-out season for Spring 2013, which will be his last, and the global launch of Florabotanica, the label’s latest fragrance, with friend and celebrity muse Kristen Stewart, the reason behind Ghesquière’s exit is still a mystery.

The label released a short statement to WWD explaining that it was a “joint decision to end their working relationship” between the label and the designer. Whether he will take the lead of another label (there are few empty spots) or launch his own, time will tell. The same goes for who will take the helm of Balenciaga, one of fashion’s greatest labels.