Kering Q4 Forecasts Imply Balenciaga Ad Controversies Could Contribute to Declining Numbers
Balenciaga Top 100
French Fashion House
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Founded by the Spanish fashion designer Cristóbal Balenciaga over a century ago, Balenciaga was originally known for its sculptural, impeccably-constructed couture. After its revival by Nicolas Ghesquière in the 1990s, the label is now revered as one of luxury fashion’s most progressive, agenda-setting labels, notorious for its ability to create instant cult classics. Its current creative director, Vetements founder Demna Gvasalia, has brought a streetwear-inspired, disruptive energy to the house.
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From its partnership with Ye to its ad scandal, the French luxury group has had its fair share of kerfuffles this year.
Stay up to date on the latest industry headlines.
Featuring the UNDERCOVER x Nike Red Fishtail Logo Print Parka.
The brands are “pausing” all co-created product launches “until further notice.”
Featuring the Daniel Arsham x Pokemon Pikachu large plush.
Featuring the 1017 ALYX 9SM x Nike Air Force 1.
The fashion house’s controversial campaign imagery incited a catastrophic uprising, with accusations of child exploitation.
The statement also notes the company will put “new control instances” into practice and that executives will go on a “listening tour.”
“It was inappropriate to have kids promote objects that had nothing to do with them.”
Featuring the visvim x Takashi Murakami x Hiroshi Fujiwara Kiefer sneakers.
With Jacquemus x Nike taking the collab of the year spot.
Seeking at least a quarter of a $100 million in damages from North Six Inc. and set designer Nicholas Des Jardins.
