Today’s Fashion Headlines: November 30, 2012

November 30, 2012 • Fashion Blog, Fashion News

Breaking News: Alexander Wang to Take Over at Balenciaga

Early this morning it was confirmed that PPR owned fashion house Balenciaga will officially name Alexander Wang its new creative director next week. The New York designer will be replacing Nicolas Ghesquière, who is officially leaving Balenciaga today. Wang has risen to fame thanks to his sportswear and minimal separates and cool bags and heels. He has recently branched out and added a men’s line and a second women’s line called T by Alexander Wang.

Balenciaga’s choice of Wang will help the company appeal to a broader audience; Ghesquière is known for his couture-like pieces that have a small target market. He may be a tough act to follow though; Ghesquière was very influential at Balenciaga and was loved by the press during his 15-year stint at the fashion house. However, Alexander Wang’s youth and high energy will no doubt launch Balenciaga into a new era!

Valentino Toasted in London with Fashion Elite

Fashion insiders celebrated famed fashion designer Valentino Garavani Wednesday night at the Italian Embassy in London. The bash celebrated the opening of his retrospective at Somerset House, a major arts and cultural center in the heart of London. The candlelit dinner party was lavish and detail-oriented, much like the beloved designer’s gowns seen on red carpets all over the world. Earlier that evening, guests went to the “Valentino: Master of Couture” at Somerset House. The exhibition included a selection of handmade creations spanning five decades.  Guests at the fashion fete included Victoria Beckham, Elizabeth Hurley, Olivia Palermo, Alexa Chung, Princess Marie-Chantal of Greece, and her daughter Princess Maria-Olympia. Designer Allegra Hicks summed up the night beautifully, “The show isn’t about fashion at all — it’s about beauty. He’s an artist — his work transcends time.”

J. Crew Expands Overseas

The classic American brand has been experiencing strong sales lately and plans to open a store in London. Their new flagship store will open on a historic site on London’s Regent Street at the end of 2013. This location was previously occupied by Burberry. Mickey Drexler, J. Crew’s chairman and chief executive officer, said he feels comfortable opening up a store in London because they share our language and more importantly, many companies have opened up successful stores there. Soon, visitors coming to London can feel less homesick when they shop at the All-American retailer!

- Claire Mykrantz

Source & Photo :WWD

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