WORLDWRAPFEDERATION.COM

IN THE STREETS & ON THE WEB

Balenciaga Drops $25 Million Lawsuit Against North Six Marketing Agency

Balenciaga is tossing out its massive suit against a marketing agency that it claimed was to blame for its recent controversial photoshoots and instead is doing a 180, focusing on organizations that benefit the protection of kids. President and CEO Cedric Charbit released a statement on social media saying "Balenciaga has decided not to pursue legal action" ditching the $25M lawsuit against North Six from earlier this week. Balenciaga instead seems to be pivoting from attack mode saying the company's "current process for content validation has failed" and adding it's going to be starting up an image board tasked with evaluating all aspects of content going forward. The company says it's also working with an agency to better assess its projects, amongst other company-wide changes. He says the company's put aside a "significant fund" for grants to go to orgs that benefit the protection of children ending by apologizing for what went down and adding Balenciaga doesn't tolerate "any kind of violence and hatred message.

SOURCE

Views: 60

Comment

You need to be a member of WORLDWRAPFEDERATION.COM to add comments!

Join WORLDWRAPFEDERATION.COM

Listen to Scurry Life Radio For Artist Placement On The Site Contact: R5420records@yahoo.com

© 2024   Created by WORLD WRAP FEDERATION.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Subscribe