Cristobal Balenciaga was such a giant in the world of haute couture, it's no surprise that his namesake house went into decline after his retirement in 1968. For decades the brand was largely dormant, though the name survived by virtue of Balenciaga's reputation and the production of branded perfumes. Though his haute couture salons were closed, Balenciaga's influential legacy was undiminished. Museum exhibitions celebrated his creations and designers mentored by Balenciaga, including Courrèges, Ungaro, de la Renta, and Givenchy, became successful. Though investors attempted to revive the brand beginning in the late 1980s, Balenciaga languished until Nicolas Ghesquière became creative director in the late 1990s.