November 30, 2012 2:20 PM
" Retail wunderkind Alexander Wang will take the reins at Balenciaga for Nicolas Ghesquière, who will exit the house on Monday, WWD reports.
The New York-based designer, who runs his eponymous line as well as his diffusion line T by Alexander Wang, will follow Ghesquiére’s 15-year stint at Balenciaga. Although WWD cited unnamed sources who broke the news, an announcement from the brand is expected next week. Neither Balenciaga nor Alexander Wang officials have commented "
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