Balenciaga Appoints Pierpaolo Piccioli & Nike Announces US Price Hikes in This Week's Top Fashion News

SummaryAs former Valentino designer Pierpaolo Piccioli is named Balenciaga's new creative director, Lemaire has opened its first Chinese boutique, and Gentle Monster has inked a new collaboration with Google.Nike has officially announced the implementation of price increases, while Chanel pulls back on its aggressive pricing strategy due to falling sales. Elsewhere, VF Corporation's shares took a tumble as it reported a dip in revenue.Below, Hypebeast has rounded up the top fashion stories of th...