It has been confirmed that the earlier rumours of Alexander Wang leaving Balenciaga are, indeed, true. According to WWD, Wang's last collection for the Parisian house will be shown during Paris Fashion Week in September 2016.
There are no updates on Wang's successor yet, but I can't help but think of Stefano Pilati who recently left Agnona and is known for the architectural shapes, elegant minimalism and timeless femininity - the principles he beautifully applied, in various ways, at both Yves Saint Laurent and, later, Agnona.
The question is whether or not Kering and Ermenegildo Zegna would be happy to share... And, indeed, if Pilati would be on the list in the first place (or end up at Armani at some point). I sincerely wish he took over Balenciaga - somehow I feel it would put my mind at peace.
On the other hand, I have a suspicious feeling that Christopher Kane who is owned by Kering may be a more straight forward choice for the group - to keep it in the family. Kane has already shown some signs of Parisian flair in his Spring/Summer 2015 collection (including the bouncy ruffles of taffeta held by a corset-like top - something Balenciaga did in the 1950s) and has received a lot of positive reviews, so the choice would not surprise me whatsoever... After all, when it comes to Balenciaga lately, it's all about taking risks...
Photo source: Salon at Balenciaga Fall/Winter 2010 show via stylebistro.com, Agnona & Yves Saint Laurent collections by Stefano Pilati via style.com & stylebistro.com, Christopher Kane collections via style.com, Lisa Fonssagrives wearing Balenciaga coat photographed by Irving Penn for Vogue 1950, Balenciaga gown photographed by Richard Avedon for Harper's Bazaar 1950