Balenciaga is Kering's fastest growing brand

While there is no denying the mind blowing star power of Kering's Gucci, which posted a 49 percent sales growth last year, it has been dethroned as Kering's fastest growing brand. That crown now belongs to Balenciaga designed by Demna Gvasalia. Business of Fashion confirmed the news earlier this week after Balenciaga's CEO Cedric Charbit revealed this at a Financial Times luxury conference. A spokesperson also confirmed to Fashionista that Balenciaga was growing faster than any of Kering's other luxury brands.