As of Dec. 3, Balenciaga announced Alexander Wang as its new creative director. The fashion industry went wild back in November when Nicolas Ghesquiere, former creative director, announced his departure from the fashion house. Balenciaga obsessed fashionista/os across the globe anxiously awaited the announcement of who would replace Ghesquiere and what this would mean for the fashion power house.

You could almost hear the sigh of relief when CEO of Balenciaga, Francois-Henri Pinault spoke with CBS about the arrival of Wang. According to the examiner.com, during his interview with CBS Pinault sang nothing but the praise of Wang, his abilities and the wonders he will do for Balenciaga. “Alexander Wang is young and he has a very universal culture. He has a very strong talent not only when it comes to accessible product, but his talent could also be adapted for couture at Balenciaga.”

Wang will still keep his brand in New York while he works with Balengiaga in Paris. Many onlookers are excited to see how Wang’s relaxed chic sytles will blend with Balenciaga’s avant garde fashion.