Balenciaga Issues Statement on Ad Campaign Controversy, Will Not Pursue Litigation Against Production Company

Balenciaga has issued an official statement on the controversy swirling around their recent holiday campaign that showed children clutching bear bags with BDSM-inspired ornamentation. Arriving mere hours after the brand's mononymic creative director Demna made a statement of his own, Balenciaga's release outlines the "actions" that they plan to take to learn from their "mistakes as an organization," the most notable of which is that they've decided not to pursue litigation against North Six Inc....