Alexander Wang To Balenciaga? Cathy Horyn Says He's The 'Leading Candidate' (UPDATED)

Sources say...

And the designer revolving door keeps spinning.

Less than a month after Nicolas Ghesquière left his post as head designer of Balenciaga, Alexander Wang has reportedly been tapped to step in. Cathy Horyn of the New York Times reports that Wang "appears to be the leading candidate" for the Balenciaga job, citing "a Paris source with knowledge of the discussions." The announcement, Horyn says, might come as early as next week.

As the Daily Beast pointed out, Purple magazine published a similar story on Thursday, headlined: "According to Purple's Reliable Sources, Alexander Wang Is Taking Over At Balenciaga." Fashionista also "got word from a reliable source" that Wang is to be confirmed next week.

Wang would arrive right on the heels of Ghesquière's 15-year stint, during which he helped revive the sagging Spanish label founded by Cristóbal Balenciaga in 1914. Ghesquière was much lauded for his work as Balenciaga's creative director, but abruptly parted ways with the brand on November 5 in what was reportedly a “joint decision."

Wang would have big shoes to fill: although his eponymous label has been critically acclaimed since its 2007 launch, he certainly has less experience under his belt. As Horyn notes, "The choice of a designer like Mr. Wang, who has built a youthful following in New York and elsewhere, certainly suggests a different direction for Balenciaga."

Neither Wang nor Balenciaga has publicly responded to the rumors, but we bet we'll be hearing from someone -- whether it's to confirm or reject the reports -- very soon. Stay tuned.

UPDATE, 11/30/2012: Women's Wear Daily reports that, according to "market sources," Wang has indeed accepted the job as creative director of Balenciaga. Neither Wang nor Balenciaga have commented.

UPDATE II, 12/3/2012: It's official! After rumors swirled for several days, Balenciaga finally confirms that Alexander Wang is their new creative director. The fashion house confirmed the news to Women's Wear Daily, offering a quote from Wang himself: “I am deeply honored to embark on this new role for a brand and house that I have such great admiration and respect for." WWD also reports Wang will maintain his highly succesful eponymous line. And so a new era begins...

Check out Balenciaga's acclaimed spring 2013 -- could you see Alexander Wang at the helm?

Balenciaga Spring 2013

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