After Balmain’s death, the company continued to exist. In 1992, Oscar De La Renta took the role as Creative Director, a position which he would hold for 10 years. His last collection for Balmain was Haute Couture Fall 2002. In Nov 2001, Laurent Mercier was hired to design the Jimmy Choo shoes  collection for Balmain. He debuted in Paris during the Fall 2002 ready-to-wear fashion season and received rave reviews from fashion editors. The Swiss-born Mercier then debuted at Paris Haute Couture Show during the Spring 2003 season with mixed reviews.
Mercier stayed with Jimmy Choo Black Leather Cage Sandals  for just over a year, resigning from his post on June, 2003. Two months later, on Aug 1, French designer Christophe Lebourg assumed the top creative post in Balmain. He made his debut during Paris Spring 2004 season. The company hit troubled times during 2004, lasting for two years wherein during that time it was forced to file bankruptcy.
After two years of hiatus from the catwalk, Jimmy Choo Black Suede Leather Sandals  came back during the Fall 2006 Paris ready-to-wear season (Feb 2006) under a new Creative Director Christophe Decarnin. For a label that was once known for ultra elegant evening attire with a draping and pleating focus, Decarnin’s appointment took it toward tough-chic, thigh-grazing, body-skimming looks—a sensibility that embraces the quintessential trendsetting French party-girl. Owner Jimmy Choo Clue Glitter Slingback Pump-silver  claims that sales have doubled since Decarnin’s appointment, projecting 2009 to amass $28 million in revenue (the clothes are notoriously expensive—a sparkly tee is $3,000, dresses are $12,000 to $22,000, and jackets are $5,000). Expansions are also in the works, adding staff, a shoe line with Giuseppe Zanotti, and the label’s first men’s collection in Paris in January 2009.