Is Balenciaga still popular?
And the Lyst shopping platform reported that in the last quarter of 2022, Balenciaga fell out of its ranking of the top 10 most searched brands for the first time since the index was created in 2018.
Coming three days after the end of a Cannes Film Festival in which more Balenciaga appeared on the red carpet than it had since last November, the message is pretty clear: Balenciaga is in the midst of its comeback, baby. Welcome to the next stage of The Return.
The backlash against the images was swift, with the hashtag #cancelBalenciaga trending across Twitter and TikTok and many accusing the brand and its creative director, Demna, of condoning pedophilia and child exploitation.
said its biggest brand, Gucci, booked a 14% drop in comparable sales over a three-month period ending in December in part due to pandemic restrictions that were in place in China during the quarter. Kering reported a 4% sales drop in its “other brands” segment, which includes Balenciaga, over the same period.
Together, they ignited a firestorm that traveled from the internet to Fox News, fueled by allegations that Balenciaga condoned child exploitation. The controversy has become one of the most explicit collisions of internet culture, politics, fashion and conspiracy theories to date.
Balenciaga has deactivated its Twitter account, losing one million followers should it be permanently deleted. The Paris-based luxury house did not explain its exit from the troubled social media channel, but the platform's woes under new owner Elon Musk are thought to be the reason.
Balenciaga is gradually resuming a normal calendar of campaigns and announcements following the release last fall of two separate campaigns that sparked outrage on social media, prompting apologies from Charbit and Demna.
Vintage Balenciaga garments are popular among fashion editors, Hollywood stars, and models, and have been seen on Sienna Miller, Lara Bingle, Raquel Zimmerman, Caroline Trentini, Emmanuelle Alt, Tatiana Sorokko, Hilary Rhoda, Jennifer Garner, and Stephanie Seymour, among others.
After taking a short break from rocking Balenciago threads after a heated controversy last year involving the brand, it appears Kim Kardashian is back to regularly wearing the fashion house's looks.
“Baal Enci Aga” is not a Latin phrase. Translated into Latin, the sentence “Baal Is King” would read “Baal rex est.” “Balenciaga” is, in fact, the surname of the brand's Spanish founder, Cristóbal Balenciaga. It's a name native to the Basque region of Spain, where Mr. Balenciaga was born in 1895.
Is Balenciaga in a crisis?
Balenciaga, the French luxury brand, has faced the most important crisis of its history. Not only because of the reaction of users on social media but also because of the theme: the firm has been accused of promoting pedophilia and the sexualization of minors.
Balenciaga apologizes, sues production agency amid ad campaign controversy. Luxury fashion house Balenciaga issued an apology on Monday after facing backlash for two separate ad campaigns that some individuals claimed appeared to promote or glorify child abuse.
Then there's Kering's flagship Gucci brand, on which half the company's revenues depend. Its sales declined 14% on a reported basis, from $2.7 billion in the same period last year to $2.3 billion this year. And revenues were down 7% on a comp basis.
Arie Luyendyk Jr. and his wife Lauren Burnham are burning their Balenciaga. The Bachelor Nation couple posted a video on Instagram showing that they were done with the brand for good after its recent controversial ad campaigns — one of which depicted children holding teddy bears in leather bondage gear.
It's still a business, and this is the brand's first collection since November's controversial advertising campaign that saw sales drop dramatically, where children were photographed holding teddy bears in bondage gear. Today, the show was indeed all about clothes.
Since faced with scrutiny, Balenciaga removed all their Instagram posts (before posting the statement) and various celebrities have spoken out, including Kim Kardashian and Kanye West.
Now, the internet has accused Balenciaga of sexualising children and normalising child p*rnography. “The brand Balenciaga just did a uh..... interesting... photoshoot for their new products recently which included a very purposely poorly hidden court document about 'virtual child p*rn,'” one user tweeted.
“Gucci has suffered a 15 per cent organic growth decline [in its retail sales], consensus expected a 12 per cent decline. Other Houses — dragged by the Balenciaga scandals — suffered a 4 per cent decline against a 5 per cent growth expected by consensus,” he wrote.
Alexa Demie was one of the few celebrities who decided to go against the grain by cutting ties with Balenciaga. Kim Kardashian – who is an ambassador for the luxury brand herself – issued a weak apology on Twitter a week after the scandal, but never made the decision to part ways with them.
Furious fashionistas are slicing up Balenciaga products to protest the fashion house's controversial ads depicting children alongside bondage-inspired attire.
Is Balenciaga back 2023?
As the Winter 2023 collection rolls out, Balenciaga will also be presenting a line under the Monaco bag moniker, offering other bags, wallets, and cardholders. Demna is hoping to bring Balenciaga into a new era by taking a step back from virality and moving towards craft.
Kering (French: [kɛːʁiŋ]) is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen. Kering S.A. Pinault S.A.
Kering came up with this idea.
Kering owns many high-end brands; the Gucci-Balenciaga collab is an example. It decided to blend the strengths of two of its most well-known brands to create a brilliant collection that took many people by surprise.
Gucci Gucci x Balenciaga is a 2021 collaboration between Gucci and Balenciaga, two of the most iconic fashion houses of all time.
Described as the 'master of couture', Cristóbal Balenciaga built a brand that is widely sought after over 100 years since its inception. With over 180 boutiques and bringing in over $1 billion a year, Balenciaga is well-known worldwide.
