Balenciaga, Ghesquière to Part Ways *Update* Replaced by Alexander Wang
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Join Date: Mar 2005
boils down to one thing and one thing only: money.
I'm going to guess Balenciaga was rolling in it the decade before the recession, because of both a prosperous economy and the mass popularity of their motorcycle purse. I don't think they're as successful now. Particularly since Celine has come on to the seen again and has taken a big chunk of the accessory/bag market.
On a side note, when I went to test out Florabotanica it was hidden in a back corner of Neiman Marcus with very little marketing; I had to hunt around for it.
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