OMG! Alexander Wang to Take Reins At Balenciaga! 8_07_08_alexander_wang1171.jpg

WOW! WOW! WOW! Oh my goodness! This is huge fashion news!

Balenciaga will next week name Alexander Wang its new creative director!

According to market sources, the PPR-owned fashion house picked the buzzy New York designer to succeed Nicolas Ghesquière, who is to officially exit Balenciaga today.

Read the full article at WWD.