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Nicolas Ghesquière Exits Balenciaga After 15 Years!

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Oh nos! Kristen Stewart is going to be so sad!

Balenciaga and creative director Nicolas Ghesquière are calling it quits!

The fashion house and designer made a "joint decision to end their working relationship" effective November 30.

Ghesquière's been at Balenciaga since 1997 and is credited with reinventing the label.

He even had one of the most raved about collections during Paris Fashion Week, so the news is shocking to say the least.

Hmm. We have a feeling there's more to this story than they're letting on.

Thoughts???

[Image via Andres Otero/WENN.]

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