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Designer Alexander Wang leaves Balenciaga after 3 years

Designer Alexander Wang will leave the helm of Balenciaga after three years as creative director, the Paris fashion house confirmed Friday. Wang will present his last womenswear collection for Balenciaga at the ready-to-wear Paris shows this October. The announcement confirmed rumors that the company would not renew its contract with the 31-year-old American designer, who launched an eponymous label as a teen but has had little time to make an enduring impression at the fashion house that once dressed Spanish aristocrats. Neither Balenciaga nor Wang explained the split. Wang's tenure saw good sales, but the New-York based designer hinted in the Balenciaga statement that he wants to...