Nov 06, 2012 3:17AM

Nicolas Ghesquière is Leaving Balenciaga

Hearts break worldwide.

It has just been announced that Nicolas Ghesquière is leaving Balenciaga, where he has been Golden Child Creative Director since 1997. According to the official statement from parent company PPR, this was a mutual decision and Nicolas will finish up at the end of this month. PPR Chairman François-Henri Pinault called Nicolas "an incomparable creative talent."

There don't seem to be any dramatic plot lines to report and no doubt the much-celebrated designer, who restored the brand to its former glory, will be missed. To quote one online commenter: "WHATTTTTTT. hearts are breaking everywhere."

Only three questions remain: Who will replace him? Where is he going? And what will Kristen Stewart and Charlotte Gainsbourg wear now?