BALENCIAGA EXITS TWITTER

Balenciaga has deactivated its Twitter account, losing one million followers should it be permanently deleted. The Paris-based luxury house did not explain its exit from the social media channel, but the platform’s woes under new owner Elon Musk are thought to be the reason. Mr Musk’s vision for Twitter, which includes a strategy to foster free speech in all its forms and having to purchase verification, has irked many of the platform’s users. Recently, large numbers of users have left the platform, including celebrity and model Gigi Hadid, and some companies, like General Motors, suspended advertising.