According to market sources, the PPR-owned fashion house picked the buzzy New York designer to succeed Nicolas Ghesquière, who is to officially exit Balenciaga today.
Balenciaga officials had no comment on Thursday. Wang officials did not respond to a request for comment.
A designer in the sleek-and-modern fashion mold of Ghesquière, but with a streetwise edge and a tinge of Goth, Wang has become one the brightest stars of the American fashion scene with his groovy T-shirts, studded handbags and high-impact fashion shows.
He is also admired for his commercial savvy, having rapidly built a sizable business with manufacturing muscle and a global footprint.
Source: WWD
