Balenciaga consider Ghesquière replacement

Balenciaga already has a shortlist of possible replacements for Nicolas Ghesquière drawn up.

Yesterday it was announced that the designer will be leaving the luxury French label at the end of November. In a brief statement it was insisted that Nicolas and Balenciaga's parent company PPR had taken the decision jointly.

Chief executive officer of Balenciaga Isabelle Guichot has now confirmed the fashion house already has some new designers in its sight.

"[The successor will be named] as soon as we’re ready," she told WWD. "We have a short list.

"My biggest interest is to focus the organisation, accompany the team and develop the brand potential, so it’s in my interest to do it as soon as possible."

Isabelle insisted the announcement is typical of fashion houses as people are always moving on. She also said both sides are looking forward to "new chapters" and has no doubt Balenciaga will continue to grow.

Nicolas became the label's creative director in 1997 and has been widely regarded as the person who has turned the label's fortune around. His clothes have been lauded season after season, with his recent Spring/Summer 13 line a hit with critics.

Isabelle is adamant Nicolas' exit won't adversely affect the company.

"The brand is strong enough, developed enough and structured enough to express itself without fear," she said. "Now the company is so mature in its organisation, in its processes, the business is really moving forward.

"It was an incredible tenure for Balenciaga, in its creativity, its content, its length. Nicolas has many talents, he needs to express his talent and I’m sure he will do so."

The designer is yet to speak about why he is moving on, although there is speculation he has been unhappy with the direction of the label. He is rumoured to have been struggling to get along with managers, with suggestions he felt PPR favoured other labels it is associated with - such as the newly re-branded Saint Laurent.

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