Nicolas Ghesquière and Kristen Stewart

Kristen Stewart’s Fragrance Partner Nicolas Ghesquiere, Leaving Balenciaga

Nicolas Ghesquière, creative director at Balenciaga‘s 15-year relationship with the Paris fashion house, has ended.

The decision is said to be a “joint” one, and the designer will leave Balenciaga at the end of this month.

The news has stunned the fashion world, coming only one month after Ghesquière presented what many considered was “one of the most acclaimed shows of the spring 2013 fashion season.”

A press release this morning from Balenciaga parent PPR (formerly Pinault-Printemps-Redoute) said:

“The Balenciaga fashion house and Nicolas Ghesquiere have announced their joint decision to end their working relationship as of 30 November 2012.”

François-Henri Pinault, Chairman and CEO of PPR,added:

“Cristobal Balenciaga was a master, a genius whose avant-garde vision dictated fashion’s greatest trends and inspired generations of designers. With an incomparable creative talent, Nicolas has brought to Balenciaga an artistic contribution essential to the unique influence of the house.”

In January, Kristen Stewart became the latest face of Balenciaga’s fragrance line for women.

As well as representing new scent Florabotanica, Stewart has also worn Ghesquiere’s designs to numerous high profile events — notably, the Met Ball and Cannes Film Festival in May and front row appearances at Balenciaga’sParis fashion shows.

Kristen Stewart Wearing Balenciaga At The Cannes Film Festival In May