Excerpt: Balenciaga. Fall 2025 - Paris Fashion Week.
"As Kering, the holding company who owns Balenciaga, share price has fallen 39% over the last 12 months, and worst for François-Henri Pinault the CEO of Kering, is the flagship brand Gucci, whose revenue is down 24% in the last four months of 2024, after the extremely talented Italian creative director Alessandro Michele left the iconic brand in 2022, replaced by fellow Italian designer Sabato de Sarn. And in Pinault's most recent reshuffle, de Sarno is gone, and the first non Italian designer for Gucci, since Tom Ford stepped down from Gucci in 2004, will be none other than Demna Gvasalia. Could one see this coming? Maybe. If one is to refer to Demna's Spring 2022 "Hacking" collection of Gucci , as an omen.
Demna did not reveal the Kering reshuffle news at his final Balenciaga runway show to any of the invitees in attendance, who would've been none the wiser that they were viewing Demna's last Balenciaga showing at Paris Fashion Week on the 9th March 2025, but what he say to the Fashion press held an interesting precursor to the recent news, "Fashion has become like this giant rumor mill, which is fun too, because people like the guessing game. But I think in that fog of rumors". So, if you did hear that rumour, or guessed this was coming, or woke up from a dream and wrote the prediction down. Then you were right..."
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(A.Glass 2025)
Full review: chiasmusmagazine.blogspot.com/2025/03/balenciaga-fall-2025-paris-fashion-week.html
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