Nicolas Ghesquière Is Leaving Balenciaga

Photos: Imaxtree | Getty Images

A Balenciaga Spring 2013 runway look (left); Nicolas Ghesquière after the Balenciaga Fall 2012 show (right).

Following a successful Spring 2013 show, Nicolas Ghesquière is said to be leaving Balenciaga.

One of the most highly revered French designers of his time; Ghesquière has been the creative director and force behind the iconic Spanish-turned-French brand since 1997.

According to Women's Wear Daily, the designer and fashion house are citing a “joint decision to end their working relationship” effective Nov. 30.

With an industry of all-too-consistent revolving doors, we can only start the rumor mill: who will take the helm at Balenciaga and where will Ghesquière land?!